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100 Roubles North Caucasian Emirate

Issuer Council of People's Commissars of the Terek Republic
Year 1918
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Currency Rouble (1917-1924)
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Obverse description Central vignette of a double-headed eagle within an oval cartouche, flanked by elaborate foliate and guilloche border ornaments with rampant lions at the upper corners. The denomination СТО РУБЛЕЙ (One Hundred Roubles) appears in a bold letterpress band across the centre, with the legends РАЗМЕННЫЙ ЗНАКЪ and СОВЕТА НАРОДНЫХЪ КОМИССАРОВЪ ТЕРСКОЙ РЕСПУБЛИКИ above. Date panels reading 1918 appear at lower left and right, with serial number and four manuscript signatures of issuing officials below.
Obverse lettering РАЗМЕННЫЙ ЗНАКЪ
СОВЕТА НАРОДНЫХЪ КОМИССАРОВЪ
ТЕРСКОЙ РЕСПУБЛИКИ
СТО РУБЛЕЙ
1918
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Comments

The North Caucasian Emirate and the Council of People's Commissars of the Terek Republic were not the same government — they were opponents. The Terek Soviet Republic was a Bolshevik-aligned entity centered on Vladikavkaz, while the North Caucasian Emirate was an anti-Bolshevik Islamic state declared by Uzun Haji in 1919. The Pick attribution linking this note to both is one of the catalog's more confused assignments, reflecting how poorly documented the competing monetary emissions from this region remain.

The northern Caucasus in 1918 saw at least four distinct authorities printing money within overlapping territories. Distinguishing their emissions by issuer is genuinely difficult.

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