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50 Rubley

Emittente Khorezm People's Soviet Republic
Anno 1920
Tipo Standard circulation banknote
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Descrizione del dritto The obverse is printed on a light cream ground with a geometric meander border in blue-green along all four edges. A large central circular vignette in pink carries Arabic calligraphic inscription within a guilloche ring, surrounded by multiple smaller oval and rectangular stamp-type cartouches in pink, blue, and violet bearing additional Arabic legends. Hand-applied ink stamps appear at upper left and upper right corners, with further Arabic script text distributed across the field.
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Descrizione del rovescio The reverse displays the same characteristic geometric meander border in blue-green. Three large vase- or ewer-shaped vignettes in pink are arranged across the field, flanking a central blue circular rosette cartouche with Arabic calligraphic text. A crescent and sun motif appears at upper centre, and the Cyrillic denomination inscription '50 РУБЛЕЙ' is printed at the lower centre in bold letterpress.
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Commenti

The Khorezm People's Soviet Republic was a short-lived Soviet client state carved out of the former Khanate of Khiva in 1920, lasting only until 1923 when it was absorbed into the Soviet system. Its paper emissions were produced under genuinely chaotic conditions — limited printing infrastructure, acute material shortages, and an administration still consolidating control over a population that had been subjects of the Khan days earlier.

The P#41 series is among the crudest in Central Asian Soviet-era issues, a direct reflection of local production constraints rather than any design choice. Khorezm notes are underrepresented in Western collections simply because so few left the region.