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50 rublei 1919

Asia › Georgia
P-111919Autonomus Republic of GeorgiaUNC
50 rublei 1919 from Georgia, P-11 (1919) — image 1
50 rublei 1919 from Georgia, P-11 (1919) — image 2

Market Prices

3 sales
Catalogue (2016)
VG$3
VF$6
UNC$12
EF$252025-09-11(1 bid)
F$162025-04-07(9 bids)
AUNC$15.522021-07-14(11 bids)

About This Note

This is an exceptional example of Georgia's 1919 50 rublei banknote (Pick P-11), presented in uncirculated condition with pristine paper quality and sharp, well-defined printing throughout. The note features a striking violet-on-beige design with elaborate ornamental borders and heraldic imagery reflecting Georgia's newly independent status. This early Soviet-era Georgian banknote represents a fascinating numismatic artifact from a pivotal moment in the South Caucasus, combining Georgian, French, and Russian linguistic elements that underscore the transitional geopolitical tensions of the period.

Rarity

Common. The catalog values from 2016 list this note at $12 UNC, and recent eBay sales data show typical prices ranging from $15-$25 even for high grades (EF sold for $25, AUNC for $15.52). These sub-$30 market prices, combined with reasonable catalog valuations, indicate this is a regularly traded note with adequate supply. While historically significant as a Soviet-era Georgian emission, it does not appear to have been a short-run printing or subject to significant recalls. The regular appearance on secondary markets supports a common rarity classification.

Historical Context

The 1919 50 rublei was issued by the Autonomous Republic of Georgia during its brief period of independence following the Russian Revolution (1918-1921). The inclusion of trilingual text—Georgian, French, and Russian—on the reverse reflects Georgia's complex international position and attempts to establish legitimacy both regionally and with Western powers. The heraldic symbols, particularly the crowned lion prominent on both sides, represent the Georgian state seal and national sovereignty during this short-lived democratic republic before Soviet incorporation.

Design

The note features the Georgian national heraldic emblem—a crowned lion (or multi-headed beast incorporating elements of the traditional Georgian coat of arms)—prominently displayed in a circular medallion at the top center of the obverse. The reverse presents an elaborated version of this heraldic device within ornate circular frames. Both sides are dominated by intricate ornamental border work featuring geometric and floral patterns characteristic of late 19th/early 20th-century bank note design. The denomination '50' appears in multiple locations—prominently at top and bottom of obverse, and in corner medallions on the reverse. The trilingual inscriptions (Georgian in primary position, with supporting French and Russian text) emphasize Georgia's assertion of independent statehood. The color scheme of violet/purple on beige/cream underprint creates strong visual contrast and aids in denomination recognition.

Inscriptions

FRONT SIDE: '50' (denomination numeral); 'საქართველოს ბანკის' (Bank of Georgia); '1919' (issue year); 'ფიფტი რუბლეი' (Fifty Roubles); Additional Georgian script containing legal text regarding the banknote's authorization. BACK SIDE: '50' (denomination numerals in corner medallions); 'CINQUANTE ROUBLES AYANT COURS OBLIGATOIRE AU MÊME TITRE QUE LES BILLETS DE CREDIT RUSSE' (French: Fifty Roubles having obligatory currency at the same title as Russian Credit Bank notes); 'ПЯТЬДЕСЯТ РУБЛЕЙ ИМЕЮТ ХОЖДЕНИЕ НАРАВНЕ СЪ РОССИЙСКИМИ КРЕДИТНЫМИ БИЛЕТАМИ' (Russian: Fifty Roubles have circulation equal to Russian Credit notes); Georgian script at bottom regarding currency status.

Printing Technique

Intaglio engraving (copperplate/steel plate), evidenced by the sharp, finely detailed ornamental work, crisp line definition in the borders, and the characteristic depth and precision of the heraldic and geometric patterns. The multiple color layers (violet on beige underprint) indicate multi-pass printing typical of security banknote production of this era. The printer for Georgian 1919-1921 issues is not definitively established in standard catalogs, though Russian and European security printers of the period were engaged for various Soviet and post-Soviet states' currency production.

Varieties

No specific varieties (such as signature variants, serial number prefixes, or overprint types) are identifiable from the visual analysis provided. This Pick P-11 represents the standard 1919 emission by the Georgian Republic. Collectors should note that many notes from this transitional period may exhibit variations in serial numbering and control marks that could distinguish individual printer runs or batches, though such specifics would require examination of multiple examples or specialized Georgian currency references.