Catalog
5 Silver Roubles
| Issuer | Depozitная Kassa (Deposit Office) of the Russian Empire |
|---|---|
| Year | 1840 |
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| Currency | Rouble (1700-1917) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse presents a dense block of Cyrillic letterpress text arranged across multiple numbered paragraphs within a plain ruled frame, setting out the regulations governing deposit receipts under the heading ИЗВЛЕЧЕНИЕ ИЗ ПРАВИЛ О ДЕПОЗИТНЫХ ВКЛАДАХ. |
| 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.