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| Issuer | Azov-Don Commercial Bank, Grozny Branch |
|---|---|
| Year | 1918 |
| Type | Local banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Чекъ признается действительнымъ до 1-го Іюля 1918 г. Азовско-Донской Коммерческій Банкъ. Грозненское Отдѣленіе. Чекъ № РУБ. 5.- Предъявителю сего чека уплачивается съ текущаго счета № Пять рублей. |
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| Reverse lettering | Акцептованъ банкомъ и имѣетъ хожденіе наравнѣ съ кредитными билетами. Чекъ действителенъ до 1-го Іюля 1918 г. Грозный, 22 МАР. 1918 г. Азовско-Донской Коммерческій Банкъ. Грозненское Отделеніе. Управляющій Бухгалтеръ |
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| Comments |
The Azov-Don Commercial Bank was one of the largest joint-stock commercial banks in pre-revolutionary Russia, with branches spread across the Caucasus and southern regions. Its Grozny branch — serving an oil-boom town whose petroleum industry had been drawing capital and labor since the 1890s — found itself issuing emergency local scrip in 1918 as the Bolshevik seizure of central banking infrastructure shattered normal money supply channels across the region.
This kind of branch-level emergency emission was legally dubious from the moment it was printed. The Civil War made enforcement of anything academic.