50 Roubles Provisional Siberian Administration

The Provisional Siberian Administration's 50 Rouble note of 1920 belongs to the chaotic final phase of White movement finance in Siberia. Admiral Kolchak's regime had collapsed by early 1920 following the fall of Omsk in November 1919, and the various successor administrations scrambling to maintain authority issued currency that was already worthless before the ink dried. The Bolshevik advance was essentially complete by the time most of these notes entered circulation.

Rampant overissue by competing White authorities had destroyed public confidence entirely. These notes circulated — when they circulated at all — at steep discounts against goods, and were frequently refused outright in favor of Tsarist-era coin or foreign currency.