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50 000 000 Roubles Transcaucasian Socialist Federal Soviet Republic

Issuer Transcaucasian Socialist Federal Soviet Republic
Year 1924
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Currency Rouble (1917-1924)
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Obverse description Central vignette of a large neoclassical government building with a flag atop, set within an oval guilloche frame. The denomination 50,000,000 is printed in large numerals on both sides of the vignette, with the legend РУБЛЕЙ below in Cyrillic, flanked by parallel inscriptions in Georgian and Arabic scripts. The issuer abbreviation З.С.Ф.С.Р. appears below the central vignette, and two facsimile signatures are present along the lower margin.
Obverse lettering ДЕНЕЖНЫЙ ЗНАК
З.С.Ф.С.Р.
РУБЛЕЙ
50 000 000
А.Ჯ.Ს.Ფ.Ს.Რ.ᲤᲣᲚᲘᲡ ᲜᲘᲨᲐᲜᲘ
მანათ
რუბლს
Председатель Совета Народн. Комиссаров
Нар. Комиссар Финансов
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The Transcaucasian SFSR was a short-lived federation of Armenia, Azerbaijan, and Georgia, created in 1922 partly at Lenin's insistence as an administrative mechanism before all three were absorbed into the USSR. It issued its own currency during the hyperinflationary collapse of Soviet monetary policy in the early 1920s, when denominations climbed into the tens of millions simply to keep pace with purchasing power. This note, at 50,000,000 roubles, reflects that terminal phase of the old rouble system.

The federation itself was dissolved in 1936 when Stalin — a Georgian — restructured the Caucasus into three separate Soviet republics. Notes from this issuer were never produced in large quantities relative to Russian issues, and the TSFSR series remains one of the more obscure corners of early Soviet paper money.

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