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50 000 Roubles Federation of Socialist Soviet Republics of Transcaucasia

Issuer Federation of Socialist Soviet Republics of Transcaucasia
Year 1923
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Value 50 000 Roubles (50 000)
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Obverse description Central oval vignette of a large neoclassical government building with a flag atop, set within an elaborate green guilloche border. The denomination 50,000 is printed in large numerals on both flanks, with inscriptions in Russian, Georgian, and Arabic scripts. Below the vignette, the legend «ФЕД.С.С.Р.ЗАКАВКАЗЬЯ» appears in Cyrillic, and three facsimile signatures of the Presidium of the Union Council are printed along the lower margin.
Obverse lettering ДЕНЕЖНЫЙ ЗНАК
ФЕД.С.С.Р.ЗАКАВКАЗЬЯ
ИМЕЕТ ХОЖДЕНИЕ ПО ВСЕЙ ТЕРИТ.ЗАКАВК.ФЕДЕРАЦИИ
Президиум Союзного Совета:
ამიერ-კავკას.ს.ს.რ.ფედერაც.ფულის ნიშანი
ა.ფედერაციული ვალი ა.ს.ვ.ფ. სიტყვის დრამანი
ვამსჯელი სახელდებული ამ-ბამ ფედერ.მთელ ტერ.
ش.ج.ف. اتفاقك پولى
زاقافقاسله تك هر يرلده ايشله تلور
منات
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Comments

The Federation of Socialist Soviet Republics of Transcaucasia was a short-lived political union of Azerbaijan, Armenia, and Georgia, formalized in 1922 and absorbed into the USSR the following year. Its independent currency emissions were correspondingly brief — this 1923 issue appeared during a period of catastrophic hyperinflation that was rendering rouble-denominated notes obsolete almost as fast as they could be printed, which explains why denominations climbed so rapidly into the tens of thousands.

The Transcaucasian Federation's notes are frequently confused with RSFSR emissions from the same period. P#S616 is a regional issue, distinct in authority if not always in appearance to the untrained eye.

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