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500 Roubles Government of The North Region
| Issuer | Government of the Northern Region (Правительство Северной Области) |
|---|---|
| Year | 1918 |
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| Value | 500 Roubles |
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| Obverse description | The obverse is dominated by a fine guilloche underprint in blue, with a large central oval vignette bearing the denomination numeral '500' in bold relief. The text field, printed in Russian Cyrillic, sets out the issuing authority of the Northern Region and the redemption terms dated 15 February 1919. Three or four manuscript signatures of officials appear below the main text, with printed titles identifying the Chairman of the Regional Government and the Director of Finance. |
|---|---|
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| Reverse lettering | FIVE HUNDRED ROUBLES CINQ CENTS ROUBLES |
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| Comments |
The Government of the Northern Region was the anti-Bolshevik administration established in Arkhangelsk in August 1918 following the Allied intervention, operating under the protection of British and American forces. This 500-rouble note belongs to the emergency paper currency issued to keep the local economy functioning while the region was effectively cut off from any central banking authority. The series was issued in an area where the ruble was already collapsing in value and public confidence in paper money of any provenance was low.
The Northern Region government ceased to exist by February 1920, when the Allied withdrawal left White forces untenable. Notes of this administration were never redeemed.