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100 000 Roubles High Command of the Armed Forces
| Issuer | High Command of the Armed Forces of South Russia (Glavnoye Komandovaniye Vooruzhennymi Silami na Yuge Rossii) |
|---|---|
| Year | 1920 |
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| Composition | Paper |
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| Obverse description | A short-term 6% treasury obligation of the State Treasury issued by the High Command of the Armed Forces of South Russia, dated 1 January 1920, with a vignette of a classical figure at left within an ornate vertical cartouche. The face value «Рус. 100.000» is inscribed in the upper right, with the main body text in Cyrillic stating the note is redeemable on 1 April 1920 at State Bank branches and offices, followed by two manuscript signatures of the Finance Administration and the Treasury Department. Guilloche borders frame the central text panel, with vertical letterpress inscriptions in English along the right margin. |
|---|---|
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| Reverse description | The reverse is largely unprinted, displaying only a faint overall guilloche underprint of interlacing scrollwork and floral ornamental patterns across the entire surface, with a central lozenge-shaped vignette area discernible within the pale design. |
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| Comments |
The Armed Forces of South Russia — Denikin's command, and briefly Wrangel's — issued this note during the final, collapsing phase of the White movement. By early 1920, the AFSR was hemorrhaging territory to the Red Army, and Novorossiysk itself fell in March of that year amid catastrophic evacuation scenes on the waterfront. Notes at this denomination reflect the extreme monetary inflation the Whites were battling alongside their military defeats: 100,000 roubles had become a practical transaction figure, not an emergency one.
The printing operation at Novorossiysk was improvised and under pressure. Wrangel's subsequent Crimean government repudiated much of the AFSR paper when establishing his own currency.