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100 Roubles
| Issuer | Khorezm People's Soviet Republic |
|---|---|
| Year | 1923 |
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| Composition | Paper |
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|---|---|
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| Reverse description | The reverse, printed in grey-green, is centred on a circular floral rosette vignette in traditional Central Asian decorative style, with bilingual denomination panels reading 100 / РУБЛЕЙ set to either side within rectangular frames. Corner cartouches carry arabesque ornament and circular medallions repeat the denomination in Urdu numerals, while a horizontal Urdu legend runs across the upper margin; the year 1923 in Western numerals and the Islamic calendar year ١٣٤١ appear along the lower portion, with a further Urdu text band at the bottom margin. |
| Reverse lettering | 100 РУБЛЕЙ ١٣٤١ 1923 |
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| Comments |
Khorezm — the short-lived republic carved out of the former Khanate of Khiva after the Red Army intervention of 1920 — issued its own currency throughout its brief existence before being absorbed into the Soviet system in 1923, the same year this note was produced. The republic formally dissolved into the Khorezm Soviet Socialist Republic in October of that year, making late 1923 issues transitional in the strictest sense.
The Khorezm series as a whole is scarce in Western collections, largely because the notes circulated in a remote region with limited outside contact and most surviving examples remained in Soviet-era institutional holdings for decades.