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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 | 25 000 Roubles (25 000) |
| Currency | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | УПРАВЛЕНИЕ ЖЕЛЕЗНЫХ ДОРОГ РАСЧЕТНЫЙ ЗНАК ДВАДЦАТЬПЯТЬ ТЫСЯЧ РУБ. 25000 КОЛЛЕКТИВНОГО СНАБЖЕНИЯ С.С.Р. ЗАКАВКАЗЬЯ Расчетный Знак. Сер. В 25000 р. № 1000 Сер. В № 1000 За Нач. дорог Комиссар дорог |
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| Reverse lettering | Настоящий расчетный знак выпускается Упр. жел. дор. Сов. Соц. Респ. Закавказья в счет содержания, для расплаты за предметы коллективного снабжения и обязательны к приему в местах распределения и отпуска коллективного снабжения Зак. жел. дор. За Нач. дорог 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.