Old Money Registry

Albums / Russia and the successor states

Russia and the successor states

The Russian Empire, the governments that broke from it, and the states that outlived it — Russia, Ukraine, Georgia, Azerbaijan and Turkestan.

217 notes · 1898–1992

Obverse of 1 Rouble, Russian Empire, series 1898

1 Rouble, Russian Empire, series 1898

Russian Empire ·1898 ·1 Rouble

НБ 337 · OM-00115 · VF

1 / 217

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This copy

Accession
OM-00115
Serial
НБ 337
Series year
1898
Actually issued
1898
manager
I. P. Shipov (И. Шиповъ)certain
cashier
M. Osipov (М. Осиповъ)uncertain
Grade
VF (IBNS)
Estimated value
$6indicative
Dimensions
150.7 × 89.2 mm (±0.5)

The type

Type
1 Rouble, Russian Empire, series 1898
Printer
Expedition for the Preparation of State Papers
Rarity
very common
Themes
Gold standard Small denomination Imperial collapse

Inscriptions

Obverse — the gold promise

Государственный банкъ размѣниваетъ кредитные билеты на золотую монету безъ ограниченія суммы (1 р. = 1/15 имперіала, содержитъ 17,424 доли чистаго золота)

The State Bank exchanges credit notes for gold coin without limit of sum (1 rouble = 1/15 imperial, containing 17.424 dolya of pure gold)

Reverse — the counterfeiting penalty

За подделку кредитныхъ билетовъ виновные подвергаются лишенію всѣхъ правъ состоянія и ссылкѣ въ каторжную работу

Counterfeiters are subject to deprivation of all rights of estate and exile to penal labour

Symbology

Ornament without portrait
The smallest imperial denomination carries no sovereign - only arms, guilloche and the promise. Portraits were reserved for the notes worth carrying.
Double-headed eagle, crowned
The Romanov arms in full: two crowned heads under a third imperial crown, holding orb and sceptre, with St George slaying the dragon on the breast shield. The two heads face east and west - a claim, inherited from Byzantium, to authority over both.
Guilloche
The dense interlaced line-work filling the field. Engine-turned on a geometric lathe, it was the era's principal anti-counterfeiting device: reproducible only with the same machine and impossible to draw freehand or photograph cleanly.
Gold-standard wording in an ornamental cartouche
The redemption promise is given its own decorative frame rather than being set as small print. On a note designed to advertise convertibility, the promise is the ornament.

What was happening

The one-rouble note of 1898 is the smallest and longest-lived denomination of the imperial series, printed almost unchanged from 1898 until 1917 and then by the Provisional Government and the Soviets after that. Its gold clause outlived the gold standard by eight years and the empire itself by five.

This account belongs to the type, not this copy — it is shared by every 1 Rouble, Russian Empire, series 1898 in the collection.