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5 Roubles

Issuer State Bank of the Russian Empire
Year 1866-1880
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Value 5 Roubles (5 Рублей)
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Obverse lettering Государственный кредитный БИЛЕТЪ По предъявлении выдается изъ разменной кассы Государственнаго Банка ПЯТЬ РУБЛЕЙ серебромъ или золотомъ
Reverse description The reverse is centred on an oval intaglio portrait vignette of Dmitry Ivanovich Donskoy in medieval armour and helmet, surrounded by a fine guilloche border. The heading «ИЗВЛЕЧЕНИЕ ИЗЪ ВЫСОЧАЙШАГО МАНИФЕСТА О КРЕДИТНЫХЪ БИЛЕТАХЪ» arches across the top, with the year «1866» in large numerals below it. Dense columns of Cyrillic text fill the left and right panels, with large «5» numerals set within guilloche rosettes flanking the central portrait at both sides.
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Comments

The State Bank of the Russian Empire began issuing credit notes (kreditnyye bilety) in the 1840s under a system that nominally promised specie convertibility — a promise the government suspended repeatedly during wartime fiscal stress. The 1866–1880 series falls in the period following the Crimean War's ruinous drain on silver reserves, when genuine convertibility remained largely theoretical for ordinary holders.

P#A43 is among the less-documented entries in the Pick Russia listings, reflecting genuine scarcity of archival data on the specific print runs and signatories across this fourteen-year span. Signature combinations vary by date, and correctly attributing a given example to its issuing year requires close attention to the countersigning official's term in office.

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