50 Silver Roubles

The Государственный Кредитный Билет series replaced the earlier assignat-style notes that had circulated since Catherine II's reign and were chronically mistrusted due to repeated over-issue and debasement. The 1843 reform, driven by Finance Minister Yegor Kankrin, pegged these new credit notes to silver rather than the discredited assignat ruble — a deliberate architectural choice to restore confidence after decades of inflationary mismanagement.

Production remained entirely domestic, at the Expedition for the Procurement of State Papers in St. Petersburg, which had operated its own secure printing facility since 1818. The long date range reflects reissue across multiple print runs rather than continuous uninterrupted production.