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50 Roubles

Issuer Government Bank, Yerevan Branch
Year 1919
Type Standard circulation banknote
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Reverse description The reverse is printed on plain uncoated paper with a full-width text block in Cyrillic script stating that the cheque has been accepted by the Erivan Branch of the State Bank and is payable from 15 November 1919. Below this, the titles of the Manager of the Erivan Branch of the State Bank, the Controller, and the Cashier are printed, each accompanied by a handwritten manuscript signature.
Reverse lettering Настоящій чекъ акцептованъ Эриванскимъ Отделеніемъ Государственнаго Банка и подлежитъ оплатѣ Отделеніемъ Банка съ 15 ноября 1919 года.
Управляющій Эриванскимъ Отдел. Государственнаго Банка
Контролеръ
Кассиръ
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Comments

Armenia's independence from 1918 to 1920 was brief and administratively chaotic. The Yerevan Branch of the Government Bank issued its own rouble-denominated notes largely because the new republic inherited almost nothing from the collapsing Transcaucasian Commissariat — no reserve assets, no functioning monetary infrastructure, and no established printer. These notes were produced under considerable constraint.

Pick 9 belongs to the second Armenian issue, distinguished from the earlier 1919 series by its ornamental border variations. Soviet forces absorbed the republic in late 1920, rendering the entire rouble series worthless within roughly two years of first issue.

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