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| Issuer | Volga-Kama Commercial Bank, Grozny Branch |
|---|---|
| Year | 1918 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | P#S571A |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | Акцептованъ банкомъ и имѣетъ хожденiе наравнѣ съ кредитными билетами. Чекъ дѣйствителенъ до 1-го Iюля 1918 г. Грозный, 1918 г. Волжско-Камской Коммерческiй Банкъ. Грозненское Отдѣленiе. Управляющiй Бухгалтеръ |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Perforated denomination numeral at upper left of obverse; perforated control mark at upper right of reverse. |
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| Comments |
The Volga-Kama Commercial Bank was one of the older joint-stock commercial banks in the Russian Empire, founded in 1870 in Kazan. By 1918, the Grozny branch was operating in a region where central authority had completely collapsed — the North Caucasus became a patchwork of competing governments, White armies, and local Bolshevik soviets, each issuing their own emergency paper. This note is a product of that vacuum, printed locally to address an acute shortage of small-denomination currency rather than any considered monetary policy.
The perforation security feature is characteristic of hastily produced provincial issues of this period, where sophisticated printing equipment was unavailable.