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25 000 Roubles Don Cossack Military Government

Issuer Vsevelikoye Voysko Donskoye (Don Cossack Military Government)
Year 1919
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Shape Rectangular
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Obverse description Short-term 5% obligation of the Don Cossack Host (Всевеликое Войско Донское), with the double-headed eagle arms of the Don Cossack Government at left within an ornate border. Series and serial number appear in manuscript, with the date of maturity (1 October 1919) and face value of 25,000 Roubles printed in the upper margin. The central text block contains the full obligation terms in Cyrillic letterpress, with manuscript signatures of the Director of Finance and the Chief Accountant at lower right.
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Reverse description Plain paper reverse with a large watermark-style vignette of the Don Cossack double-headed eagle arms within a wreath, visible in the centre-left. A circular handstamp of a State institution appears at upper right, with manuscript signatures below, serving as the place-of-acceptance endorsement. The remainder of the reverse carries printed Cyrillic text setting out conditions for interest payment and transfer of the obligation.
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Comments

The Vsevelikoye Voysko Donskoye — the Don Cossack Military Government — issued a sprawling range of emergency paper during the Civil War, and by 1919 the denomination inflation was outpacing military events on the ground. This 25,000-rouble note was printed in Novorossiysk, a Black Sea port that had become a desperate logistical hub for White forces as Denikin's army contracted southward under Bolshevik pressure.

Novorossiysk would fall to the Red Army in March 1920, and most of the Don Government's paper became worthless within months of issue. Notes printed there in the final period often show uneven ink coverage — a product of deteriorating press conditions, not later damage.

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