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| 正面铭文 | Серия АБ 5% КРАТКОСРОЧНОЕ ОБЯЗАТЕЛЬСТВО ВСЕВЕЛИКАГО ВОЙСКА ДОНСКОГО срок 1 Января 1919 г. Руб 25000 Двадцать пять тысяч руб. ВСЕВЕЛИКОЕ ВОЙСКО ДОНСКОЕ Новочеркасск 1 Октября 1918 г. |
| 背面描述 | Arms of the Don Cossack Host (double-headed eagle) at left, with a circular handstamp of the place of acceptance. Multi-line Cyrillic text covers the central field, containing the conditions of acceptance and transfer regulations for this obligation. Two manuscript signatures of authorising officials appear at the lower centre, consistent with a Управляющий (Manager) and Кассир (Cashier) of the Don State Bank. |
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The Don Cossack Military Government — the Vsevelikoye Voysko Donskoye — issued this note in 1919 under acute pressure. The White movement's hold on the Don region was already fracturing under Bolshevik advances, and the local printing infrastructure at Novocherkassk was working against a collapsing supply chain and runaway inflation. The 25,000 rouble denomination, unthinkable just two years earlier, reflects how completely the monetary situation had deteriorated by the time this note was produced.
Ataman Alexander Bogayevsky's government continued issuing notes even as the military position became untenable. Novocherkassk fell to the Red Army in January 1920.