100 Roubles Bukhara Soviet Peoples Republic

The Bukhara Soviet People's Republic was a short-lived Soviet satellite state established in 1920 after the Red Army overthrew the Emirate of Bukhara — one of Central Asia's oldest Islamic monarchies. The new republic nominally governed itself but in practice operated under tight Bolshevik supervision, and its currency issues reflect that transitional chaos: multiple series were printed in rapid succession between 1920 and 1923 as the state stumbled toward full absorption into the Soviet Union.

The S1045 belongs to the 1922 emission, issued just a year before Bukhara was dissolved into the newly formed USSR. Notes from this series circulated alongside a bewildering range of competing local and Soviet instruments, which kept genuine circulation wear low — most Bukharan paper was displaced rather than worn out.