10 Silver Roubles

The "Credit Билеты" (Credit Tickets) series of which this note is part were nominally backed by silver deposits held at the State Treasury — the 1843 reform under Finance Minister Kankrin having established a fixed exchange rate of one assignat rouble to one silver rouble. In practice, the reserve requirement proved impossible to maintain as the Crimean War drained bullion reserves after 1853, and by 1858 convertibility had been suspended entirely, rendering the silver denomination printed on the face largely theoretical.

The Экспедиция Заготовления Государственных Бумаг had been producing state paper since 1818 and was one of the few European government print works of the period operating its own intaglio engraving department rather than contracting to private firms.