Catalog
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| Issuer | Archangel Branch of the State Bank |
|---|---|
| Year | 1918 |
| Type | Local banknote |
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| Obverse description | Central vignette of large numeral 10 within an ornate frame, flanked on either side by fasces motifs with decorative floral scrollwork. Serial number appears at upper left and lower right. Text inscription in Cyrillic runs across the lower portion, identifying the Archangel Branch of the State Bank as issuer, with manuscript signatures of the Commissioner, Manager, and Cashier below. |
|---|---|
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| Reverse description | Red overprint applied to the back of the base note (P-S103), bearing the double-headed eagle at upper centre above dense Cyrillic text in multiple lines. The overprint reads 'Зарегистровано' and authorises the note for circulation in the Archangel guberniya in place of credit notes, with a manuscript countersignature below. Decorative border with corner numerals 10 and repeated Cyrillic legends ДЕСЯТЬ РУБЛЕЙ at top and bottom. |
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| Comments |
The Archangel Branch of the State Bank began issuing its own obligations in the summer of 1918 following the Allied intervention at Archangel — British, French, and American forces landed in August of that year to support the anti-Bolshevik Northern Government under Nikolai Chaikovsky. With Bolshevik currency deemed politically and practically unusable in the occupied zone, local emission became a military and administrative necessity rather than a deliberate monetary policy.
The S-prefix in Pick's classification marks it as a regional separatist or provisional issue, and P#S107 sits within a short-lived series that ceased when the Allies withdrew in 1920 and the White forces collapsed shortly after. Notes from this series frequently show evidence of hard use — the region's economy during the intervention period was under severe pressure, and these circulated alongside British military scrip.