Transcaucasian Commissariat
In the aftermath of the October overturn in 1917 Armenia, Georgia and Azerbaijan left the Russian Empire soon to create the Transcaucasian Commissariat, an independent constituency. In February 1918, the Transcaucasian Commissariat issued notes in nominal value 1, 3, 5, 10, 50, 100 and 250 rubles. For the first time, Armenian inscriptions appear on these notes and the numismatic intelligence takes them as the first Armenian paper notes.