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| Issuer | Northern Region Government (Chaikovskiy Government) |
|---|---|
| Year | 1918 |
| Type | Log in to see details |
| Value | 5 Roubles |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | СЕВЕРНАЯ РОССІЯ ГОСУДАРСТВЕННЫЙ КРЕДИТНЫЙ БИЛЕТЪ ПЯТЬ РУБЛЕЙ ГОСУДАРСТВЕННАЯ ЭМИССИОННАЯ КАССА РАЗМІНЯЕТЪ КРЕДИТНЫЕ БИЛЕТЫ НА ФУНТЫ СТЕРЛИНГОВЪ БЕЗЪ ОГРАНИЧЕНІЯ СУММЫ ПО КУРСУ 40 РУБ. = 1 ФУНТУ СТЕРЛИНГОВЪ. |
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| Reverse lettering | ПЯТЬ РУБЛЕЙ Управляющий Отдѣломъ Членъ Государственной Эмиссионной Кассы |
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| Comments |
The Chaikovskiy Government — formally the Supreme Administration of the Northern Region — was established in Arkhangelsk in August 1918 following the Allied intervention, with Nikolai Chaikovskiy, the veteran populist revolutionary, as its nominal head. This 5 Rouble note belongs to the emergency currency it issued to maintain basic commerce in a region cut off from both Bolshevik Moscow and any functioning banking system. The notes circulated alongside Allied military scrip and old Imperial roubles in a genuinely chaotic monetary environment.
The government itself collapsed in early 1920 when Allied forces withdrew and the Red Army swept north.