Catalog
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| Issuer | Terek Soviet Republic |
|---|---|
| Year | 1918 |
| Type | Local banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | СОВѢТА ТЕРСКОЙ НАРОД КОМИССАРОВЪ РЕСПУБЛИКИ ПЯТЬДЕСЯТЪ РУБЛЕЙ 1918 Б-011 |
| Reverse description | Plain light-toned reverse with a simple ornamental border of guilloche scrollwork at the corners and a thin ruled frame enclosing the text field. The denomination numeral 50 appears in each upper corner. The entire central area is occupied by a multi-line Cyrillic legal text declaring the note's status as a currency token guaranteed by the credit obligations and all assets of the Terek Republic, with a warning that counterfeiting is punishable by law. |
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| Comments |
The Terek Soviet Republic was a short-lived Bolshevik entity carved out of the North Caucasus in early 1918, dissolved by 1920 as White and mountaineer forces overran the region. Local currency was a practical necessity — central Soviet supply lines were cut, and Vladikavkaz, the administrative seat, could not rely on Moscow-issued notes reaching the area in any quantity.
P#S534 falls within a group of provisional emissions that are genuinely scarce today, partly because the republic's collapse was rapid and chaotic. Many notes were destroyed or lost during the fighting rather than surviving into peacetime hoards.