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5 Roubles Transcaspian Region

Issuer Ashkhabad Branch of the People's Bank (Transcaspian Provisional Government)
Year 1919
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Value 5 Roubles
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Obverse lettering ПЯТЬ РУБЛЕЙ
РАЗМЕННЫЙ ДЕНЕЖНЫЙ ЗНАК
АШХАБАДСКАГО ОТДЕЛЕНИЯ НАРОДНАГО БАНКА
5 РУБЛЕЙ
Управляющий
Кассир
Контролёр
1919 г.
Reverse description The centre of the reverse is occupied by a decorative cartouche with an Art Nouveau-style frame containing a multi-line Cyrillic text block. Repeated numeral '5' and the legend 'ПЯТЬ РУБЛЕЙ' run along the top and bottom borders. Vertical marginal inscriptions in an Eastern script — likely Azerbaijani or Turkmen in Arabic characters — appear along the left and right edges, reflecting the multilingual character of the region.
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Comments

The Transcaspian Provisional Government was a short-lived anti-Bolshevik administration that controlled the region around Ashkhabad from 1918 to 1919, backed at various points by British forces operating out of Meshed. Its currency issues were emergency measures — the Ashkhabad branch of the People's Bank had neither the infrastructure nor the time for anything elaborate, and the notes reflect that urgency.

The government collapsed in July 1919 when Red Army forces retook the region, leaving this entire series with an effective circulation window of under a year. Surviving notes are genuinely scarce, not because of collector demand inflating their rarity, but because the issuing authority ceased to exist before the notes could accumulate.

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