Catalog
| Issuer | Khorezm People's Soviet Republic Treasury |
|---|---|
| Year | 1919 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | ٢٠٠ |
| Reverse description | Green guilloche underprint fills the field within a chain-link outer border. A large circular vignette, centrally placed and printed in dark brown, bears an ornate seal with Arabic script inscriptions and a crescent-and-star motif at its apex. Two smaller crescent-and-star devices flank the central seal within oval frames, and a handwritten serial number appears below the central vignette. |
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| Comments |
Khorezm — the short-lived Soviet republic carved out of the former Khanate of Khiva in 1920 — had an almost comically unstable monetary situation throughout its brief existence. This 1919 issue predates the formal proclamation of the republic itself, placing it in the transitional chaos between the collapse of Khivan khanate authority and Soviet consolidation of the region. The treasury was issuing paper against essentially no functioning reserve.
Khorezm went through multiple currency reforms before being absorbed into the Soviet Union in 1924, and most of these early tengas issues were superseded rapidly and discarded. Survivors are consequently scarce, though condition varies wildly given the low paper quality common to emergency provincial issues of the period.