RUSSIA--IMPERIAL. State Credit Note. 25 Rubles, 1899 (ND 1903-1909). P-7b. PCGS Banknote Very Fine 20.
Signature of S. Timashev. Watermark of Alexander III. At left is allegorical Russia with spear and cross and hand bolstered by Imperial shield with children below. The reverse displays six heads at right in a blue and red two-tone color. Super rare, and scarcely encountered. PCGS Banknote comments "Small Edge Tear."
Estimate: $500 - $1000