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40 Roubles - Perforated North Russia - Chaikovskiy Government
| Issuer | Provisional Government of the Northern Region (Chaikovskiy Government) |
|---|---|
| Year | 1919 |
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| Shape | Rectangular |
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| Obverse description | Central vignette of the State Duma building in Moscow at upper centre, inscribed ГОСУДАРСТВЕННАЯ ДУМА below the architectural image, flanked by foliate ornamental borders. The denomination is stated as a 5% bond obligation of forty roubles in bold Cyrillic letterpress text. Multiple manuscript signatures of ministers appear in the lower portion, with the date Петроградъ, 27 марта 1917 года printed beneath. |
|---|---|
| Obverse lettering | ЗАЕМЪ СВОБОДЫ ГОСУДАРСТВЕННАЯ ДУМА 5% ОБЛИГАЦІЯ ВЪ СОРОКЪ РУБЛЕЙ нарицательныхъ Министръ-Председатель Петроградъ, 27 марта 1917 года IV серія №054605 |
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| Comments |
The Provisional Government of the Northern Region — formed in Arkhangelsk in August 1918 under the Socialist Revolutionary Nikolai Chaikovsky, backed by Allied intervention forces — issued this note during one of the more peculiar currency arrangements of the Russian Civil War. Unable to produce entirely new stock quickly enough, the administration perforated existing Kerensky-era 40-rouble notes to distinguish them from currency circulating under Bolshevik authority. The perforation is the note's entire reason for being a separate cataloged type.
Allied withdrawal in 1919 doomed the government. Collapse came by February 1920, leaving substantial quantities of this perforated issue unredeemed.