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5 Roubles

Issuer Assignation Bank (Ассигнационный Банк)
Year 1787-1818
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Value 5 Roubles (5 Рублей)
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Obverse description Plain blue-grey paper note without an ornamental frame, carrying the printed Cyrillic text of the payment obligation across the centre field, with the denomination word ПЯТЬ (Five) set in a bold rectangular letterpress stamp to the right of the main text. The serial number appears twice in manuscript at the upper centre and lower left, and two handwritten official signatures appear in the lower portion of the note alongside the directorate reference mark Др. б.
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Reverse lettering Соб. пр. б.
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Comments

Russia's Assignation Bank was established by Catherine II in 1769 specifically to replace the heavy copper coinage that was strangling trade — a single ruble in copper weighed around 1.6 kg, making large commercial transactions genuinely impractical. The assignat notes were the solution, and this 5-rouble denomination served the lower end of that paper currency experiment for nearly three decades under a single pick number.

The extended date range reflects continuous reissue rather than a single print run. Surviving examples often show significant handling damage, which is expected — these circulated hard among a public that took generations to trust paper over metal.

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