Russian Empire ten ruble bill |
Obverse: Double-headed eagle with raised wings - State Coat of Arms of Russia. On the top of the banknote is the text field: "State Commercial Bank. Produces according to this note immediately upon presentation of his ten rubles in silver coin ".
Reverse: Text - Rules for the organization of deposits.
Russian paper money of the State Commercial Bank.
For Russia, 20-30 years of XIX century was a period of relative prosperity. The economic situation was stable, developing industry, increased gold production, intensified domestic and foreign trade.
Trade surplus last influx of foreign currency into the country. A sound financial policy, which resulted in the government in the period from 1823 to 1843. did not resort to additional Assignats emissions, also contributed to the development of the economy. Against this favorable background of relatively stable over the past 30 years, the course Assignation ruble relative to silver to 26-27 kopecs and it did not suit the government. Meanwhile, it was clear that the public is so used to such a course and put into circulation paper ruble which be equal to the silver ruble in one day, is impossible.
Monetary reform began on July 1, 1839, when it was published the manifesto "On the Structure of the monetary system." According to this manifesto, the silver ruble continue getting basic monetary unit, which numbered in all taxes and transactions. Banknotes, as originally assumed a supporting role, but on a strictly fixed rate of 3 rubles 50 kopecks for 1 ruble banknotes in silver.
The next step of the Government to restore confidence in the paper ruble was the release in the 1840-1841 years. Ticket deposit banks, established a separate decree for the same number and freely exchanged for silver at the rate of one to one, that were actually handed in receipts for the population for the storage of gold and silver.
Deposit notes state commercial bank dignity 3, 5, 10, 25, 50 and 100 rubles have been issued various decrees from December 1839 to June 1841.
The design of these notes is significantly different from bills that were at the time of use. For the first time in the history of Russian paper money appears new banknote denomination 3 ruble(green). The entire series of tickets issued in the same style - the main text can be found under the arms of the Russian Empire and framed colored ornamental frame, except for 3 rubles. The following is the text caption "Tov.Upr. Comm. Bankom Golohvastov "still below the signature" Director "and" Kassir. " On the back of a small ornamental box text of Decree 1839 of walking deposit notes on a level with a silver coin without l'aggio (courses). Watermark in the center of the bill inscription "Deposit Notes", year and denomination numerals.
Deposit notes immediately became popular among the population. From wanting to take the silver, gold, and get notes no lack. In the period from 1840 to 1842. in circulation of 24, 1 million to 43.7 million Assignation rubles. Compared to the overall figure of 595, 7 million Assignation rubles inclusive of exchange rate, we can safely say that the deposit notes in a short period of time made a considerable part of the money circulation of the country. Further growth in the number of outstanding notes deposit limits the number of the population of silver and gold. The government also could not use the issue of deposit notes to increase revenue, as the stock surrendered by the population of silver and gold remained untouchable. Meanwhile, as expected, the people's confidence in paper money has risen significantly.