Catalog
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| Issuer | Soviet Socialist Republic of Armenia |
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| Year | 1921 |
| Type | Local banknote |
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| Composition | Log in to see details |
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| Obverse description | Central vignette shows the denomination numeral 5000 in large figures within a lozenge-shaped panel, surmounted by a five-pointed star at the apex of a triangular geometric underprint. The note is framed by dense guilloche latticework borders on both sides, with Armenian-script inscriptions above and below the central panel. Two manuscript signatures and the date 1921 appear at the foot of the note. |
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| Obverse lettering | Log in to see details |
| Reverse description | Central medallion bears the Soviet hammer-and-sickle emblem within an ornate rectangular cartouche flanked by decorative animal supporters. The upper portion carries the Russian-script title of the issuing republic, with the denomination 5000 repeated in the upper corners. Surrounding text panels present multilingual inscriptions in Georgian, Arabic, and Russian scripts, including the internationalist slogan in French and Russian at the foot. |
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| Comments |
Armenia's brief Soviet interlude produced a chaotic monetary environment. The Dashnak Republic had already issued its own notes; when Soviet forces took Yerevan in late 1920, the new government needed currency fast and printed locally rather than waiting for supply from Moscow. The 1921 Armenian Soviet issues were emergency instruments in every practical sense — produced under supply shortages, on whatever paper stock was available, with predictably inconsistent results.
P#S679 is among the higher denominations of a series that inflated rapidly as the Transcaucasian economy collapsed. Local printing meant limited quality control, and misaligned impressions are common enough to be considered normal for the type rather than errors.