10 February 2008

Tsarist Russian banknotes

The ruble has been the Russian unit of currency for about 500 years. From 1710, the ruble was divided into 100 kopecks.Here are the banknotes during the reign of Tsar Nicholas II.The ruble became a victim of inflation when Russia entered World War 1 as the government increased the amount of paper money to pay for the war.There are notes with the serial number and some with just two alphabets and three numbers as serials.The ones with short serial numbers are according to someone printed during the inflation.
1 ruble
3 ruble
5 ruble
10 ruble25 ruble(Alexander III)

100 ruble(Tsarina Catherine)
500 ruble(Tsar Peter)This note before inflation could buy one small house.Imagine one banknote buying one house.


1 comment:

Jay said...

Nice pics and good condition notes! I also have a blog discussing collectable paper currency, particularly that of the old European empires.