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Stack's Bowers & Ponterio
August 2018 ANA - Sess. A, B, D  14 & 16 Aug 2018
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Lot 30225

Starting price: 9000 USD
Price realized: 17 000 USD
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RUSSIA--IMPERIAL. State Credit Note. 25 Rubles, 1876-86. P-A45A. PCGS Currency Very Fine 30.
Ultra Rare. This is the first example in specimen, or issued that we have handled for this type. Of the dates known, this 1876 is the earliest available date. Our extensive research found only one other example of this note. As a result, we believe this may be the finest of only two known examples. At left is the monogram of Czar Alexander II with the crowned double headed eagle above. The purple panel at left is cyrillic and roughly translates to "Obtain from the Highest Manifesto of 1 June 1843, pertaining to the issue of state credit notes."

The note has a predominantly grey text, with black serial numbers and a black plated signature. The text translates to "State credit note. Upon presentation, it is issued from the cash register of the State Bank TWENTY FIVE RUBLES in silver or gold coin."

The obligation is in a purple color. A watermark of Czar Alexey Mikhailovich is seen when held to the light along with the letters GKB, wavy lines, and the obligation. This is a classic display of the advanced, and intricate watermark work of Imperial Russia. The edges are rounded and deckled. PCGS Currency mentions Small Edge Tears at Right, and Minor Stains on the holder. PCGS Currency Very Fine 30.

Estimate: $15000.00- $20000.00

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