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10 Roubles Elisabetgrad
| Issuer | Elisavetgrad Branch of the State Bank |
|---|---|
| Year | 1918 |
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| Shape | Rectangular |
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| Obverse description | At left, a large double-headed spread eagle vignette anchors the design, balanced by a female portrait set within a laurel wreath at right. The denomination numeral '10' appears in ornamental guilloche roundels at the upper left, upper centre, and upper right corners beneath a band of decorative scrollwork. Central Cyrillic text states the denomination ДЕСЯТЬ РУБЛЕЙ and year 1918, with the issuing authority legend and two manuscript signatures below; the lower border carries the anti-counterfeiting warning ПОДДЕЛКА ПРЕСЛЕДУЕТСЯ ЗАКОНОМ. |
|---|---|
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| Reverse lettering | ПОДДЪЛКА ПРЕСЛЪДУЕТСЯ ЗАКОНОМЪ 10 рублей ВСЕ НАХОДЯЩІЕСЯ ВЪ ГОРОДѢ ЕЛИСАВЕТГРАДЪ БАНКИ ПРИНИМАЮТЪ НАСТОЯЩІЕ БОНЫ РАЗМѢННЫМИ БИЛЕТАМИ ПО ВСЯКАГО РОДА ПЛАТЕЖАМЪ ВЪ ЛЮБОЙ СУММѢ |
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| Comments |
Elisavetgrad — now Kropyvnytskyi in central Ukraine — was one of dozens of regional centers that issued emergency scrip during the catastrophic monetary breakdown of 1918, when competing governments, armies, and local authorities each printed their own paper with little coordination and less backing. The Elisavetgrad branch scrip circulated alongside Tsarist carryovers, Ukrainian Rada issues, and Bolshevik notes simultaneously, often at wildly different exchange rates set street by street.
The S-prefix placement in Pick reflects its classification as a local or provisional issue rather than a central government emission. Surviving examples of P#S323B are genuinely scarce — the region changed hands repeatedly through 1919–1920, and most local scrip was either repudiated or simply destroyed in the disorder that followed.