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| Issuer | Council of People's Commissars of the Terek Republic |
|---|---|
| Year | 1918 |
| Type | Log in to see details |
| Value | 500 Roubles |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | A double-headed eagle vignette at upper centre, set within an oval cartouche flanked by ornate foliate and scrollwork borders with rampant griffins. The denomination СТО РУБЛЕЙ appears in a dark horizontal band at centre, with the issuing authority inscription above in Cyrillic. Serial prefix and number appear at lower left and right, with four manuscript signatures of officials below. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | Разменный Знакъ ОБЯЗАТЕЛЕНЪ КЪ ОБРАЩЕНIЮ НАРАВНЕ СЪ КРЕ- ДИТНЫМИ БИЛЕТАМИ И ОБЕЗПЕЧЕНЪ ВСЕМЪ ДОСТОЯНIЕМЪ ТЕРСКОЙ РЕСПУБЛИКИ. ЗА ПОДДЕЛЬКУ ВИНОВНЫЕ ПОДВЕРГАЮТСЯ НАКАЗАНIЮ, КАКЪ ЗА ПОДДЕЛКУ КРЕДИТНЫХЪ БИЛЕТОВЪ. |
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| Comments |
The Terek Republic — formally the Terek People's Soviet Republic — existed for less than two years before being overrun by Denikin's Volunteer Army in 1919. This emission came from one of the most chaotic theaters of the Russian Civil War, where multiple competing authorities were simultaneously printing scrip: the Whites, various Cossack hosts, and Bolshevik regional organs like the Terek Council of People's Commissars all issued paper within miles of each other.
The attribution to the "District Command of the Red Army" rather than a banking institution reflects the near-total collapse of civilian financial infrastructure in the North Caucasus by mid-1918. Military commands issuing currency was a necessity, not an anomaly.
Counterfeiting was rampant across all Terek-region issues, and genuine examples often circulated alongside near-identical forgeries.