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5 Silver Roubles
| Issuer | Depozitная Kassa (Deposit Office) of the Russian Empire |
|---|---|
| Year | 1840 |
| Type | Log in to see details |
| Value | 5 Roubles (5 Рублей) |
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| Composition | Log in to see details |
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| Obverse description | Blue-tinted letterpress note with a crowned imperial double-headed eagle vignette positioned at top centre, serving as the principal heraldic device. The main text panel below sets out the face value and issuing authority in Cyrillic letterpress, beneath which three signature lines appear — the first printed, the remaining two completed in manuscript ink — authenticating the individual note as a valid deposit receipt. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | ИЗВЛЕЧЕНИЕ ИЗ ПРАВИЛ О ДЕПОЗИТНЫХ ВКЛАДАХ |
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| Comments |
The Depozitная Kassa was established in 1840 specifically to manage the transition toward a silver-backed currency standard under Finance Minister Yegor Kankrin's monetary reform. These deposit receipts — for that is functionally what they were — represented silver actually held in reserve, a deliberate departure from the assignat system that had flooded Russia with depreciated paper since the late eighteenth century. The reform was one of the more disciplined monetary interventions of the Nicholas I reign, and for a time it held.
The series is rarely encountered outside institutional collections. Survival rates are low partly because redemption was actively encouraged — the notes were designed to be exchanged, not held.