Russian Empire 50 Ruble Assignat, 1804 (1786-1819 Period)
The assignat features a minimalist and utilitarian design characteristic of early Russian paper money. The text is printed in black ink on light-colored, somewhat coarse paper. The denomination 'ПЯТЬДЕСЯТЬ' (FIFTY) is prominently stamped within a decorative, serrated rectangular frame. Below this, the guarantee clause is printed, stating the note's redemption value. Handwritten signatures are placed beneath the main text, indicating the director and cashier. The overall aesthetic emphasizes functionality over intricate artistic detail, typical for high-volume paper currency of the era.
Description
This is a 50 Ruble Assignat from the Russian Empire, dated 1804. Assignats were the first paper currency issued in Russia, circulating from 1769 to 1843. This particular note belongs to the series referencing the monetary standard of 1804, a period marked by significant economic challenges and inflationary pressures following the Napoleonic Wars. The note promises payment of 'FIFTY RUBLES IN CURRENT COIN OF THE YEAR 1804' to its bearer by the Assignat Bank. Serial number 'N.80621' is visible multiple times on the note. The assignats of this period were crucial for financing the state's expenditures and represented a significant part of the monetary circulation. Their value was often subject to fluctuation against silver and gold coinage. This piece offers a tangible link to Russia's early financial history.