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5 000 000 Roubles Socialist Soviet Republic of Armenia - Erivan
| Issuer | Socialist Soviet Republic of Armenia |
|---|---|
| Year | 1922 |
| Type | Local banknote |
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| Obverse description | Printed entirely in Armenian script on a grey-olive underprint, this treasury obligation-style note carries the denomination 5,000,000 Roubles in the upper corners. The lower portion bears a serial number and the date 1922, accompanied by two manuscript signatures and an official stamp. The overall layout is typographic rather than pictorial, consistent with emergency currency of the early Soviet Transcaucasian period. |
|---|---|
| Obverse lettering | ՍԵՐԻԱ ԱՐ. Թ. 5.000.000 ՊԱՐՏՈՒԹԻՒՐ ՀԱՅԱՍՏԱՆԻ ՍՈՑԻԱԼԻՍՏԱԿԱՆ ԽՈՐՀՐԴԱՅԻՆ ՀԱՆՐԱՊԵՏՈՒԹԵԱՆ Մ. 5318 1922 Բ. |
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| Comments |
Armenia's Soviet-era hyperinflation issues of 1922 sit in a peculiar administrative limbo: the Socialist Soviet Republic of Armenia had already been absorbed into the Transcaucasian Soviet Federative Socialist Republic by the time these high-denomination notes were circulating, yet the old republican issuing authority remained on the paper. The 5,000,000 rouble figure reflects the same inflationary spiral that was consuming currency values across the former Russian imperial territories simultaneously.
Pick S685 is catalogued under Soviet Republics rather than Russia proper precisely because of that transitional status — issued by a government that was, functionally, already dissolved.