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1 Rouble

Issuer State Bank of the Russian Empire
Year 1895
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Value 1 Rouble (1 Рубль)
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Reverse description The reverse is printed in warm brown tones over a dense guilloche ground enclosed within a geometric border of repeating circular motifs. A large central vignette presents the Imperial double-headed eagle within a wreath of oak and laurel branches, encircled by a band of fine Cyrillic text. The numeral '1' in ornate script appears at the left, while a text panel setting out legal provisions concerning exchange and counterfeiting penalties occupies the upper right.
Reverse lettering 1
РУБЛЬ
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Comments

The 1 Rouble notes of the Russian State Bank issued in the 1890s occupied an odd position in the monetary system — small enough in face value that they circulated hard and wore out quickly, yet the State Printing Works in St. Petersburg produced them to a standard that far exceeded what daily handling warranted. The result is that genuinely uncirculated examples are disproportionately rare for such a low denomination.

Russia's convertible credit ruble system was stabilized by Witte's currency reform, formalized in 1897, placing the ruble on a gold standard. This 1895 note predates that reform by two years, issued under the old credit system before convertibility was guaranteed.

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