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FROM THE HISTORY OF ARMENIAN COINS: NO COINS MINTED IN ARMENIA IN 1918-1924
In 1924, the USSR government ruled to replace all bank notes circulated
in Transcaucasia with the USSR currency of single design.
In 1922, the Federation of Socialist Soviet Republics of Transcaucasia
(FSSRT) was formed to include Soviet Socialist Republics of Armenia,
Georgia and Azerbaijan, with a relevant treaty signed March 12,
1922 in Tiflis (Tbilisi).
November 1, 2013
PanARMENIAN.Net - Description of FSSRT currency
FSSRT issued paper currency dated 1923, with a face value of 1 thous.,
5 thous., 10 thous., 25 thous., 50 thous., 100 thous., 250 thous.,
500 thous., 1 million, 5 million and 10 million rubles. The banknotes
carried inscriptions in Russian, Armenian, Georgian and Azerbaijani
languages. The 1923 issue banknotes were one-type, in varying colors,
with the reverse featuring the Tiflis-located Federation building
and the obverse carrying the Federation coat of arms.
1000 ruble 1923 FSSRT banknote
The obverse of the banknotes featured signatures of the heads of the
3 republics - A. Myasnikyan, B. Mdivani and N. Narimanov.
Soon, FSSRT was renamed into the Transcaucasian Socialist Federative
Soviet Republic (TSFSR,) which was a constituent republic of the
Soviet Union. TSFSR issued new banknotes dated 1924.
Description of TSFSR currency
The TSFSR paper currency came in two types. First type included
banknotes with a face value of 25 million, 50 million and 100 million
rubles, fully repeating the 1923 issues except in coloring. The second
type featured banknotes with a face value of 50 million, 75 million,
250 million, as well as 1 and 10 billion rubles. A 10 billion ruble
banknote, though issued, never entered into circulation. The currency
carried inscriptions in Russian, Armenian, Georgian and Azerbaijani
languages. The multi-color banknotes featured the TSFSR coat of arms
and other images.
The obverse of the bank notes featured signature of the Chairman
of the Council of People's Commissars M. Orakhelashvili and Acting
People's Commissar of Finance D. Huseynov.
100 million and 1 billion ruble 1924 TSFSR banknotes
Nominal value of the currency testified to the extent of the ruble's
inflation, which not only Armenia and Transcaucasia, but also Russia
faced at the time.
No coins were minted or circulated in Armenia in 1918 through 1924.
Upon formation of the Union of Soviet Socialist Republics in 1922, and
in accordance with the currency reform in 1924, the USSR government
ruled to replace all bank notes circulated in Transcaucasia with the
USSR currency of single design.
Description of USSR rubles
The single design USSR currency features the inscription of the Union
of Soviet Socialist Republics as well as the USSR emblem, and images
of workpeople and peasants.
The material was prepared in cooperation with Gevorg Mughalyan,
the numismatist of the Central Bank of Armenia.
Viktoria Araratyan / PanARMENIAN.Net, Varo Rafayelyan / PanARMENIAN
Photo
http://www.panarmenian.net/eng/details/172099/
In 1924, the USSR government ruled to replace all bank notes circulated
in Transcaucasia with the USSR currency of single design.
In 1922, the Federation of Socialist Soviet Republics of Transcaucasia
(FSSRT) was formed to include Soviet Socialist Republics of Armenia,
Georgia and Azerbaijan, with a relevant treaty signed March 12,
1922 in Tiflis (Tbilisi).
November 1, 2013
PanARMENIAN.Net - Description of FSSRT currency
FSSRT issued paper currency dated 1923, with a face value of 1 thous.,
5 thous., 10 thous., 25 thous., 50 thous., 100 thous., 250 thous.,
500 thous., 1 million, 5 million and 10 million rubles. The banknotes
carried inscriptions in Russian, Armenian, Georgian and Azerbaijani
languages. The 1923 issue banknotes were one-type, in varying colors,
with the reverse featuring the Tiflis-located Federation building
and the obverse carrying the Federation coat of arms.
1000 ruble 1923 FSSRT banknote
The obverse of the banknotes featured signatures of the heads of the
3 republics - A. Myasnikyan, B. Mdivani and N. Narimanov.
Soon, FSSRT was renamed into the Transcaucasian Socialist Federative
Soviet Republic (TSFSR,) which was a constituent republic of the
Soviet Union. TSFSR issued new banknotes dated 1924.
Description of TSFSR currency
The TSFSR paper currency came in two types. First type included
banknotes with a face value of 25 million, 50 million and 100 million
rubles, fully repeating the 1923 issues except in coloring. The second
type featured banknotes with a face value of 50 million, 75 million,
250 million, as well as 1 and 10 billion rubles. A 10 billion ruble
banknote, though issued, never entered into circulation. The currency
carried inscriptions in Russian, Armenian, Georgian and Azerbaijani
languages. The multi-color banknotes featured the TSFSR coat of arms
and other images.
The obverse of the bank notes featured signature of the Chairman
of the Council of People's Commissars M. Orakhelashvili and Acting
People's Commissar of Finance D. Huseynov.
100 million and 1 billion ruble 1924 TSFSR banknotes
Nominal value of the currency testified to the extent of the ruble's
inflation, which not only Armenia and Transcaucasia, but also Russia
faced at the time.
No coins were minted or circulated in Armenia in 1918 through 1924.
Upon formation of the Union of Soviet Socialist Republics in 1922, and
in accordance with the currency reform in 1924, the USSR government
ruled to replace all bank notes circulated in Transcaucasia with the
USSR currency of single design.
Description of USSR rubles
The single design USSR currency features the inscription of the Union
of Soviet Socialist Republics as well as the USSR emblem, and images
of workpeople and peasants.
The material was prepared in cooperation with Gevorg Mughalyan,
the numismatist of the Central Bank of Armenia.
Viktoria Araratyan / PanARMENIAN.Net, Varo Rafayelyan / PanARMENIAN
Photo
http://www.panarmenian.net/eng/details/172099/