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50 Roubles Vladikavkaz

Issuer Vladikavkaz Branch of the State Bank
Year 1920
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Composition Paper
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Obverse lettering ВЛАДИКАВКАЗСКОЕ ОТДЕЛЕНИЕ ГОСУДАРСТВЕННОГО БАНКА
Прошу заплатить предъявителю сего
и таковую же сумму списать с моего текущего счета
РУБ.
Reverse description Plain paper reverse with two blocks of handwritten Cyrillic text constituting the guarantee clause, stating that the cheque is secured by funds held in the Vladikavkaz Branch of the State Bank and circulates on a par with State credit notes. Two manuscript signatures appear below the text, one designated Управляющий (Manager) and the other Контролёр (Controller), each followed by a cursive autograph.
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The Vladikavkaz Branch of the State Bank operated under extraordinarily chaotic conditions during the Russian Civil War, when control of the North Caucasus changed hands repeatedly between Bolshevik, White, and local nationalist forces. Branch-issued notes like this one filled the vacuum left by the collapse of centralized currency supply — a practical response to a distribution system that had effectively ceased to function.

The S600 series encompasses several signature varieties, with S600D representing one of the later signature combinations. Attribution of these variants can be unreliable in older catalog editions; the Pick classification here should be cross-referenced against more recent specialist literature on South Russian issues.

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