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100 Roubles Olonets Province

Issuer Olonets Provincial Government
Year 1918
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Shape Rectangular
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Obverse lettering СТО РУБЛЕЙ
КРЕДИТНЫЙ БИЛЕТЪ
ОЛОНЕЦКОЙ ГУБЕРНIИ
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Reverse lettering КРЕДИТНЫЙ БИЛЕТЪ
ОЛОНЕЦКОЙ ГУБЕРНIИ
100
РУБЛЕЙ
1918
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Comments

The Olonets Provincial Government was one of dozens of regional authorities that issued emergency scrip during the chaotic currency fragmentation of 1918, when central bank supply lines had collapsed and local commerce demanded something — anything — negotiable. Olonets, a sparsely populated administrative region in the Russian northwest near Lake Ladoga, had neither the infrastructure nor the longevity to sustain a serious currency program.

The S-prefix in the Pick reference places this squarely among Russian civil war local issues, a category notorious for brief circulation windows and high destruction rates. Most provincial scrip of this type was demonetized within months as Bolshevik authority consolidated across the north.

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