Old Money Registry

5 Roubles, Russian Empire, series 1909

Государственный кредитный билетъ — Пять рублей

Russia series 1909 VF very common Pick 10b
Obverse 600 dpi
Reverse 600 dpi

This copy

Accession
OM-00005
Serial
УБ 482
Series year
1909
Actually issued
1912–1917
manager
I. P. Shipov (И. Шиповъ) certain
cashier
Ovchinnikov (Овчинниковъ) probable

Read at 600 dpi.

Grade
VF (IBNS)

Bright, light handling. Estimated from the archival scan. Folds, soiling and edge condition are visible at this resolution; paper crispness, pinholes, small repairs and pressing are not.

Estimated value
$6 indicative

Category benchmark scaled for grade — an order of magnitude, not an appraisal. Priced 2026-09-07.

Dimensions
98.4 × 157.1 mm (±0.5, from the scan)
Themes
GuillocheSmall denominationGold standardImperial collapse

The type

Type
5 Roubles, Russian Empire, series 1909
Printer
Expedition for the Preparation of State Papers (EZGB), St Petersburg / Petrograd
Rarity
very common

Inscriptions

Obverse — the gold promise

Государственный банкъ размѣниваетъ кредитные билеты на золотую монету безъ ограниченія суммы (1 рубль = 1/15 имперіала, содержитъ 17,424 долей 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)

Symbology

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 five-rouble note is where the empire's monetary promise met ordinary life. Larger denominations were stores of value; this was a week's wages for a skilled worker, and it was printed accordingly — in quantities that make it one of the most common surviving Russian imperial notes today.

Its design carries the same gold clause as the great 50- and 100-rouble notes, in the same confident phrasing, and it was equally void from July 1914 onward. What changed after that date was not the wording but the volume: the State Bank financed the war by running the presses, and the small denominations bore the brunt of it. Notes of this series printed in 1915 and 1916 bought a fraction of what the identical note bought in 1912.

These carry series designations — "УБ-477" — rather than individual serial numbers, a printing economy that itself says something about the scale of issue.

This account belongs to the type, not this copy — it is shared by every 5 Roubles, Russian Empire, series 1909 in the collection.

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