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10 Roubles Terek Republic

Issuer Soviet of People's Commissars of the Terek Republic
Year 1918
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Reference(s) P#S532
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Reverse description The reverse is enclosed within a guilloche border with repeating circular ornaments along all four sides, with the numeral 10 at each corner. A central oval vignette contains the legal tender text in Cyrillic, flanked by symmetrical sprays of foliage. The date 1918 appears in letterpress at the bottom centre beneath the central text panel.
Reverse lettering ДЕСЯТЬ РУБЛЕЙ
РАЗМЪННЫЙ
ЗНАКЪ
обязателенъ къ обращенiю наровнѣ съ кредитными билетами и обезпеченъ всѣмъ достояніемъ
ТЕРСКОЙ РЕСПУБЛИКИ
за подѣлку мѣновыхъ подвергнутся наказанiю, какъ за подѣлку кредитныхъ билетовъ
1918
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The Terek Republic was a short-lived Bolshevik-aligned entity carved out of the North Caucasus in 1918, surrounded almost immediately by Cossack and White Army forces. Its monetary emissions were emergency instruments — the central Soviet apparatus could not reliably supply currency to this isolated region, so local authorities printed their own. The P#S532 series was produced under genuinely chaotic conditions, and printing quality reflects that.

The republic itself collapsed by late 1919. Notes that survived did so largely by accident.

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