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100 Roubles Piatigorsk-Batalpashchinsk Company, Independent Army
| Issuer | Kislovodsk Branch of the State Bank, Volunteer Army |
|---|---|
| Year | 1918 |
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| Value | 100 Roubles |
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| Obverse description | Imperial double-headed eagle vignette at upper centre, flanked by the denomination numerals '100' in red at left and right. Central text block in Cyrillic reads the Kislovodsk Branch of the State Bank cheque order, with the sum '100 (сто) рублей' in bold script. At lower centre, the issuing authority inscription references the Financial Commission formed by order of the Commander of the Batalpashinsk-Piatigorsk detachment of the Volunteer Army, followed by two manuscript signatures in red ink. A warning legend 'Подделка преследуется закономъ' runs along the lower border, with a decorative guilloche frame enclosing the entire composition. |
|---|---|
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| Reverse lettering | 1918 годъ. Гарантированные чеки имѣютъ хожденіе наравнѣ съ кредитными билетами. На сумму настоящаго чека наложено запрещеніе на текущій счетъ вкладчика и деньги будутъ выданы только лишь подателю этого чека. Управляющій Кассиръ |
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| Comments |
The Volunteer Army's territorial finances during the Russian Civil War were a patchwork of competing issuers, emergency overprints, and locally authorized scrip. This note originates from the Kislovodsk branch of the State Bank operating under the Volunteer Army — one of the White forces attempting to maintain recognizable institutional structures in the northern Caucasus while Bolshevik control remained contested. The "Piatigorsk-Batalpashchinsk Company" designation marks a very specific operational zone, not a banking entity.
By late 1918 the region changed hands repeatedly. Notes like this often circulated for weeks before becoming worthless upon a Soviet advance.