RUSSIA 1 RUBLE from 1898 P-1a

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Country and Pick Number: Russia; Pick P 1a

First year of issue: 1898

Denomination and currency: 1 Ruble

Issue type : circulated;with damage

Name of Issuer / Bank:State : Regular Issue

Description of paper money: Banknote 1898.  Blue on red-brown underprint. Russian eagle at left, monogram at right.  Series  НБ - 323

Back - Red-brown. National motives.

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50,00 €

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During the czar rule Russian rubles were one of the worlds highly valued currencies as they were backed by serious stockpiles of gold. During the Bolshevik revolution, most of that gold was shipped out of Russia, so the Soviet ruble’s did not have much value. It did not matter anyway as the Soviet rules kept fixed rate of ruble. In 1993 Russian government has removed price fixing, but it continues to intervene into currency markets to keep the value of ruble at a lower rate than it actually is to stimulate Russian export producers.

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    RUSSIA  1 RUBLE from 1898 P-1a

    RUSSIA 1 RUBLE from 1898 P-1a

    Country and Pick Number: Russia; Pick P 1a

    First year of issue: 1898

    Denomination and currency: 1 Ruble

    Issue type : circulated;with damage

    Name of Issuer / Bank:State : Regular Issue

    Description of paper money: Banknote 1898.  Blue on red-brown underprint. Russian eagle at left, monogram at right.  Series  НБ - 323

    Back - Red-brown. National motives.