1000 Tengas Treasury

Bukhara's paper currency experiment was brief and chaotic. The Emirate issued these treasury notes in 1919 under Emir Alim Khan, partly to manage the financial strain of maintaining his court and armed forces while Bolshevik pressure from the north intensified. Within a year, the Red Army overran Bukhara, the Emirate was dissolved in September 1920, and the currency became worthless overnight.

The notes circulated almost entirely within a collapsing state, which means surviving examples that saw genuine use are far less common than their apparently modest denomination suggests. Many were rendered void before they could be redeemed.