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| Issuer | Управление Железных Дорог (Railroad Administration of the Transcaucasian S.S.R.) |
|---|---|
| Year | 1920 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Rouble (1917-1924) |
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| Obverse description | Black text on green guilloche underprint. The heading reads УПРАВЛЕНИЕ ЖЕЛЕЗНЫХ ДОРОГ (Railroad Administration) across the top, with the denomination 25000 in large numerals at centre, flanked by Cyrillic text reading ДВАДЦАТЬПЯТЬ ТЫСЯЧ РУБ. on each side. Lower inscriptions identify this as a расчетный знак (settlement note) for collective supply of the С.С.Р. Закавказья, with series and number designations in the left and right margins; two manuscript signatures appear at the foot. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Plain green guilloche underprint with a mirror-image ghost impression of the obverse text visible through the paper. A central block of printed Cyrillic text sets out the legal basis for issue, stating the note is issued by the Railroad Administration of the Soviet Socialist Republics of Transcaucasia in lieu of salary, redeemable for goods at collective supply and distribution points of the Transcaucasian Railways. Two manuscript signatures appear below the text block, identified as За Нач. дорог and Комиссар дорог. |
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| Comments |
The Transcaucasian Railroad Administration issued its own currency during the early 1920s because the Soviet monetary system had not yet penetrated the region with any reliability. Rail workers needed wages; the central government could not supply stable notes fast enough. The result was a series of locally authorized scrip issues backed by nothing more durable than administrative authority — themselves a product of the chaotic overlap between Bolshevik consolidation in the Caucasus and the remnants of competing Georgian, Armenian, and Azerbaijani monetary systems.
The 25,000 rouble denomination reflects the hyperinflationary pressures of the period rather than any genuine purchasing power at that face value.