5 Roubles

The Democratic Republic of Georgia existed for less than three years before the Red Army invaded in February 1921, and its paper currency was produced under conditions of near-constant political and economic pressure. This series was designed by two men with notably different backgrounds — Ter-Mikhaelian was an Armenian-Georgian artist, while Sharleman came from a prominent St. Petersburg family with deep roots in Imperial Russian academic art. Their collaboration on Georgian national currency was, by any measure, an unusual pairing.

The republic's notes were printed domestically in Tiflis, a significant logistical constraint that shows in the production quality across the series. After Soviet annexation, outstanding Georgian currency was rendered worthless almost immediately.