Catalog
5 Roubles
| Issuer | Government Bank, Yerevan Branch |
|---|---|
| Year | 1919 |
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| Value | 5 Roubles |
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|---|---|
| Obverse lettering | ЭРИВАНСКОЕ ОТДЕЛЕНИЕ ГОСУДАРСТВЕННАГО БАНКА Спеціальный тек. счет Правительства Республ. Арменіи Сгр. И. 14 № 038. Руб. 5 Руб. Эривань, Августъ 1919 г. Предъявитель сего чека имѣетъ получить изъ Эриванскаго Отдѣленія Государственнаго Банка пять рублей. Министръ — Предсѣдатель Управляющій Министерствомъ Финансовъ Настъ, чекъ имѣетъ обязательное хожденіе наравнѣ съ кредитными билетами. |
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| Reverse lettering | Настоящій чекъ акцептованъ Эриванскимъ Отдѣленіемъ Государственнаго Банка и подлежитъ оплатѣ Отдѣленіемъ Банка съ 15 ноября 1919 года. Управляющій Эриванскимъ Отдѣл. Государственнаго Банка Контролеръ Кассиръ |
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| Comments |
Armenia's first banknote issue, this 5 Rouble note was produced by the short-lived First Republic of Armenia's Government Bank through its Yerevan branch at a moment when the new state was barely two years old and fighting on multiple fronts simultaneously — against Azerbaijani forces to the east, Turkish nationalist armies to the west, and chronic economic collapse from within. The note circulated in a region where Russian Imperial currency still passed freely alongside it, undermining any practical monetary authority the republic might have claimed.
The First Republic lasted only until December 1920, when Soviet forces entered Yerevan. Most of this issue was rendered worthless within months of printing.