Description: This note provides a good illustration of the developing mortgage market in the Imperial Russia during the final decade of the 19th Century. This 3rd Issue of a 3 1/2% Mortgage Bond of the Imperial Land Mortgage-Bank for the Nobility of a nominal capital of 100,000,000 Roubles was sanctioned by H.M. The Emperor’s Decree on the 17th of July, 1898. The interest was paid quarterly: 1/3 February, 1/13 May, 1/13 August and 1/13 November. (Note there are two calendar dates: the first refers to the Gregorian Calendar used in Europe and the most of the world and the 13 which refers to the Julian Calendar used in Russia until February 1918.). The face of the note has an ornamental, wide, grayish border set off by a thinner, accentuated brown border. The note bears No. 070166, 3rd series in Russian on the left and in French on the right and ONE HUNDRED RUBLES in Russian followed by foreign currency equivalents: =266.67 French F. =216 Imperial German Marks=128 Dutch Guilders =10 Pounds Sterling 11 shillings 5 pence. On the reverse side the financial conditions of the bond issue are enumerated in French, German and English. The note has 2 remaining coupons attached: May 1/14 1918 and August 1/14 1918. By this time the Bolsheviks were already in power and had repudiated the Imperial Russian Debt. The note is in Fine Condition and is suitable for framing as a gift or office decoration for collectors interested in Russian History and Revolution. The 2 remaining coupons add to the value of the note. They serve as physical proof of the Bolshevik unilateral measure to repudiate all Imperial Debt as punishment and leave all bond holders around the world with worthless paper.
Price: 59 USD
Location: New York, New York
End Time: 2024-12-21T06:46:32.000Z
Shipping Cost: N/A USD
Product Images
Item Specifics
All returns accepted: ReturnsNotAccepted
Circulated/Uncirculated: Circulated
Type: Bond Certificates
Country: Russia
