Russisches Reich, Assignationsbanken: Geldschein über 100 Rubel von 1819

Giesecke+Devrient Stiftung Geldscheinsammlung

Description

The first paper money in Imperial Russia was issued by the state. Empress Catherine II the Great (1729-1796) founded the Assignation Banks in St. Petersburg and Moscow for this purpose on 29 December 1768. The Assignation rubles were accepted by all state coffers and developed into a frequently used means of payment, especially as silver money increasingly disappeared from circulation. Since the state used the Assignation rubles to finance the war, the quantity in circulation increased. This, in turn, led to a decline in the value of the notes.

The last series of Assignation rubles circulated between 1819 and 1843. For the first time, the state is present on the banknotes in the form of the coat of arms: The crowned, double-headed eagle with coat of arms can be seen at the top and bottom in each corner. The note for 100 roubles from 1819 shown here has hardly survived and is therefore very rare.