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20 Roubles - Perforated North Russia - Chaikovskiy Government
| Issuer | Supreme Administration of the Northern Region (Chaikovskiy Government) |
|---|---|
| Year | 1919 |
| Type | Log in to see details |
| Value | 20 Roubles |
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| Composition | Log in to see details |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Dense text in Cyrillic giving the full terms and conditions of the 1917 Liberty Loan (Заёмъ Свободы), issued on the authority of the Provisional Government decree of 27 March 1917. The text is arranged in multiple justified columns within a guilloche and foliate ornamental border matching the obverse. Lower portion carries the signatures of the State Debt Commissioner and the bookkeeper, with the final coupon maturity date of 16 March 1922 noted. |
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| Protection type | Log in to see details |
| Protection description | Cancellation or validation perforation applied by the Chaikovskiy Government (Supreme Administration of the Northern Region) to adapt the underlying 1917 Liberty Loan bond for circulation as emergency currency. |
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| Comments |
The Supreme Administration of the Northern Region — the Chaikovskiy Government — controlled Arkhangelsk and surrounding territory under Allied protection from mid-1918 until early 1920, when the British withdrew and the White position collapsed completely. This note was issued against that backdrop: a regional authority printing its own currency in Petrograd while the Bolsheviks held the city, which tells you something about the chaotic logistics of White-controlled money supply during the Civil War period.
The perforation security feature on P#S161 is the distinguishing element of this particular issue within the Northern Region series. Perforated and unperforated variants exist, and the distinction matters to attribution.