300 Tengas Treasury

Bukhara's tenga-denominated issues of 1919 were produced under the Manghit dynasty's last emir, Alim Khan, who was attempting to maintain financial authority over a region already destabilized by Bolshevik pressure from the north. The emirate fell to Red Army forces in September 1920, making this entire series a product of the final months of an independent Bukharan state.

The 300 tenga value is one of the higher denominations in the P#13 series, reflecting the inflationary pressures of the period rather than any deliberate monetary planning. Printing quality across Bukharan issues of this era was inconsistent — local production facilities were rudimentary, and paper stock varied considerably within the same series.