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25 000 Roubles
| Issuer | Khorezm People's Soviet Republic |
|---|---|
| Year | 1921 |
| Type | Log in to see details |
| Value | 25 000 Roubles (25 000) |
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| Composition | Log in to see details |
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| Designer(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | РУБЛЕЙ 25000 ПРОЛЕТАРИИ ВСЕХ СТРАН СОЕДИНЯЙТЕСЬ |
| Reverse description | A star-and-crescent vignette in red ink at upper centre serves as the principal design element, flanked by Arabic-script text columns on either side. The lower portion carries a rectangular panel with Arabic and Chagatai inscriptions stating the denomination and issuing authority, with an ornamental floral device at the right. The serial number appears in the upper field. |
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| Comments |
Khorezm — formerly the Khanate of Khiva — was a short-lived Soviet client state that existed from 1920 to 1924, when it was dissolved and absorbed into the Uzbek and Turkmen SSRs. Its paper currency was issued during a period of near-total economic collapse, with the local monetary system already wrecked by years of war, Russian imperial disruption, and the violent 1920 Red Army campaign that ended Khivan rule.
At 25,000 roubles, this denomination reflects runaway inflation that rendered lower values functionally useless within months of issue. The series is genuinely rare in any condition — production infrastructure in Khiva was primitive, distribution was chaotic, and most of what circulated was quickly superseded or destroyed.