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100 Roubles North Russia - Chaikovskiy Government

Issuer Government of the Northern Region (Chaikovskiy Government)
Year 1919
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Size 260 × 123 mm
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Obverse description At centre, an uncrowned double-headed eagle vignette is set within an ornate foliate frame, flanked on either side by elaborate guilloche panels and floral borders. The heading СЕВЕРНАЯ РОССИЯ runs across the top, with the denomination СТО РУБЛЕЙ in bold Cyrillic at centre and a text panel stating redemption conditions at right, referencing exchange at 40 roubles per pound sterling. The date 1919 appears at lower centre, with two manuscript signatures of authorised officials beneath.
Obverse lettering СЕВЕРНАЯ РОССИЯ
ГОСУДАРСТВЕННЫЙ КРЕДИТНЫЙ БИЛЕТ
СТО РУБЛЕЙ
100
1919
Государственная Эмиссионная Касса разменивает кредитные билеты на фунты стерлингов без ограничения суммы по курсу 40 руб. за фунт стерлингов
Управляющий Финансами
Член Государственного Эмиссионного Кассы
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The Chaikovskiy Government — formally the Supreme Administration of the Northern Region — existed under Allied military protection at Arkhangelsk from 1918 to 1920, issuing currency as much to assert administrative legitimacy as to facilitate trade. Nikolai Chaikovskiy himself was a veteran Socialist Revolutionary with an improbable biography: a populist agitator in the 1870s, a Tolstoyan commune founder in Kansas, and eventually the Allied-backed head of a White government north of the Arctic Circle.

The notes of this series circulated alongside British military scrip in a region where supply lines were frozen for months at a stretch. When Allied forces withdrew in autumn 1919, the government collapsed within weeks and redemption became moot.

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