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100 Roubles Kama Region

Issuer Russian Imperial Government (State Short-Term War Loan)
Year 1916
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Value 100 Roubles
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Obverse description Imperial double-headed eagle vignette at upper centre, flanked by serial number and series designations printed twice. The face bears large Cyrillic text identifying this as a 5½% State Short-Term War Loan bond of 1916 issue for a nominal capital of 2,000,000,000 roubles, with the denomination ОБЛИГАЦИЯ ВЪ СТО РУБЛЕЙ НА ПРЕДЪЯВИТЕЛЯ (Bearer Bond for One Hundred Roubles) in bold letterpress. The body of the note carries dense printed text detailing the loan conditions, surrounded by a guilloche border with ornamental corner devices.
Obverse lettering №454410 Серія II. ГОСУДАРСТВЕННЫЙ 5½% ВОЕННЫЙ КРАТКОСРОЧНЫЙ ЗАЙМЪ ВЫПУСКА 1916 ГОДА НА НАРИЦАТЕЛЬНЫЙ КАПИТАЛЪ 2,000,000,000 РУБЛЕЙ ОБЛИГАЦІЯ ВЪ СТО РУБЛЕЙ НА ПРЕДЪЯВИТЕЛЯ
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Comments

The "Kama Region" designation on this note refers to its intended area of circulation, not a separate issuing authority — a distinction that trips up newer collectors. These short-term war loan instruments were part of the Imperial government's effort to finance Russian operations in the First World War without triggering immediate inflation by simply printing currency; the legal fiction was that they functioned as interest-bearing obligations rather than banknotes outright.

Regional circulation restrictions were largely unenforceable in practice and collapsed entirely after February 1917. Most of these notes were absorbed into the monetary chaos that followed, which accounts for why surviving examples tend to show real handling wear.

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