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10 Roubles

Issuer State Bank of the Russian Empire (Государственный Банк)
Year 1895
Type Non-circulating banknote
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Protection type Embossed seal, Serial numbers
Protection description Large embossed circular seal on reverse bearing the note's title and date; two distinct serial numbers printed on the obverse
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Comments

The 1895 series marks a transitional moment in Russian state banking: these notes were issued under the gold standard reform program championed by Finance Minister Sergei Witte, who was actively reorienting the ruble toward full convertibility — achieved formally in 1897. Notes from this period circulated alongside the older credit ruble system while the peg was being established, creating a brief overlap that makes precise attribution of individual examples tricky.

The embossed seal on this series was a deliberate anti-counterfeiting measure introduced after a well-documented wave of forgeries in the late 1880s had embarrassed the State Bank.

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