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100 000 Roubles
| Issuer | Russian State Treasury (Государственное Казначейство) |
|---|---|
| Year | 1916-1917 |
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| Value | 100 000 Roubles (100 000 Рублей) (100 000) |
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| Obverse description | Short-term 5% State Treasury obligation. The denomination '100.000' appears in large numerals at left within a vertical panel, with the Imperial double-headed eagle vignette at centre-left within an ornamental frame. The main text body is set in Cyrillic letterpress across the face, stating the obligation to pay 100,000 roubles at the State Bank and its branches on 1 December 1917. Signatures of the Director of the State Treasury Department and the Chief Accountant appear at lower centre, with a circular official stamp at right; the place and date of issue, Петроград, 1 Декабря 1916, are given at lower right. |
|---|---|
| Obverse lettering | Руб. 100.000 5% краткосрочное обязательство Государственного Казначейства. Предъявителю сего уплачивается 1 Декабря 1917 года сто тысяч рублей в Государственном Банке и Конторах и Отдѣленіяхъ. Директора Департамента Государственного Казначейства Помощникъ Бухгалтера Отдѣла Бухгалтеръ Петроград, 1 Декабря 1916 г. |
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| Comments |
The Russian State Treasury issued short-term interest-bearing obligations in large denominations during WWI as a desperate measure to finance military expenditure without triggering immediate inflation through outright note-printing. These 100,000-rouble instruments occupied a grey zone between government bond and circulating currency — they bore interest, yet were nominally negotiable. The "T" suffix in Pick's reference denotes a trial or specimen, meaning no confirmed issued examples have been catalogued for this specific denomination.
By 1917, the entire obligation series was rendered academic by the February Revolution and the subsequent collapse of tsarist financial institutions.