Catalog
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| Issuer | Shirak Regional Bank (Շիրակի Պետական Բանկ) |
|---|---|
| Year | 1920-1921 |
| Type | Local banknote |
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| Obverse description | Grey-brown note with text in Armenian script across the upper portion, including the bank name and denomination, with the numeral '100' in large letterpress print at centre and a Cyrillic legend 'Сто рублей' to the right. A redemption clause in Armenian appears in the lower central field, below which two handwritten signatures are applied in manuscript form. A handwritten serial number appears in the left and right margins. |
|---|---|
| Obverse lettering | ՇԻՐՈԿԻ ՊԵՏԱԿԱՆ ԱՌԱՋԱԿԱՆԻ ԲԱՆԿ ՀԱՐՅՈՒՐ ՌՈՒԲԼԻ Сто рублей |
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| Comments |
The Shirak Regional Bank was one of several local Soviet Armenian institutions authorized to issue emergency currency during the chaotic transitional period following the Bolshevik takeover of the Armenian Republic in late November 1920. Regional issuances like this one emerged precisely because central monetary supply had collapsed — Yerevan could not reliably distribute notes fast enough to meet local demand, so oblast-level banks were permitted to print their own.
Shirak, centered on Alexandropol (now Gyumri), was a strategically significant district, and its regional notes circulated alongside — and were often distrusted relative to — central Soviet Armenian issues. The P#S698 designation places it firmly in the provisional local emission series, most of which were withdrawn and demonetized by 1922 under the Transcaucasian monetary consolidation.