Description: 1906 Imperial Russia 5% State Loan What You See Is What You Get Lot RE00292: (1x) 1906 5% Imperial Russian State loan, Series 420 for 187 Rubles 50 kopecks Large format bond, measures approx. 13"x16". Decorative. Double sided on thin period paper. Litho in black, blue, gold and peach. Terms and conditions on back in French, German and English. Condition Sound. Hand signed. Low serial number 00292, of 3535 authorized bonds of Series 420. Belgian and Dutch(?) tax stamps as shown. Usual folds present. Paper solid, non-detracting edge nicks and toning. Condition VG+. Fat margins. Requires very little prep for framing or display. See scans. The historical interest of the piece is in that it is from the first loan floated by the Imperial Russian government on the international market following their humiliating defeat in the Russo-Japanese War, and the abortive 1905 Revolution. The loan's prospects weighed heavily on the Imperial Government's mind. On the other hand, Russian liberals roundly condemned it, at home and abroad. They decried it, saying that it would subsidize continued political oppression by the autocracy. The fact that the 843 million ruble loan was quickly negotiated with the blessings of the French government and was soon fully subscribed to by investors, came as a godsend to the Imperial authorities and allowed them to embark on a multi-billion ruble borrowing spree in the decade leading up to the First World War. After the Bolshevik coup d'état of 1917, one of Lenin's first acts was to repudiate the debts of both the Imperial and Provisional governments, rendering their bonds worthless. Every succeeding Soviet government maintained his policy until the collapse of communism. In 1996, France, the largest holder of Russian Imperial debt, and Yeltsin's Russian Republic, agreed to settle the claims for US$400 million. The payouts averaged €80 to €100 per bondholder. Shipped FOLDED via USPS Ground Advantage, with tracking. YES! Will combine shipping - First lot ships at standard rate, all other lots in same order ship free (except where noted). Thanks for looking! Please see my other items for more Russian, German and other historical curios.
Price: 13.99 USD
Location: Camden, New Jersey
End Time: 2024-10-30T17:15:50.000Z
Shipping Cost: 5 USD
Product Images
Item Specifics
All returns accepted: ReturnsNotAccepted
Circulated/Uncirculated: Circulated
Type: Bond
Year: 1906
Country/Region of Manufacture: Russian Federation
Modified Item: No
