

“Sig.Schmidt”
A stunning example of Imperial Russia's 10 ruble State Credit Note from 1909, graded AU with exceptional preservation. The note displays the characteristic pink and cream color scheme with intricate engraved ornamentation throughout, featuring the Russian Imperial double-headed eagle, classical allegorical figures, and elaborate scrollwork that exemplifies Belle Époque banknote design. The sharp printing, absence of wear, and bright colors make this a desirable specimen for collectors of Russian Imperial currency.
common. The 1909 series of Russian Imperial 10 ruble notes was issued in substantial quantities during a stable period of the Tsarist regime and represents standard circulation currency of the era. While the AU condition grade indicates exceptional preservation, the Pick 11c(16) designation encompasses notes from a large print run with no documented scarcity of this particular variety. Imperial Russian notes of this denomination and period remain readily available to collectors at modest prices, with AU specimens commanding modest premiums over lower grades but not approaching rare status.
This 1909 issue represents the mature phase of Imperial Russian currency under the reformed monetary system established by Finance Minister Sergei Witte. The banknote's prominent display of the double-headed eagle, classical iconography, and legal text guaranteeing gold convertibility reflect the Russian Empire's commitment to the gold standard and imperial prestige during the twilight years of Tsarist rule. The allegorical female figures flanking the coat of arms symbolize the virtues and authority of the Russian state during this period of relative stability before the 1917 Revolution.
The front features a symmetrical composition centered on the Russian Imperial coat of arms—the double-headed eagle with imperial crown and shield—flanked by two allegorical female figures in classical drapery representing State and Virtue. Two circular medallions containing the numeral '10' are positioned on either side as denomination indicators. Ornamental wreaths incorporating grape clusters and classical scrollwork extend vertically along the sides, with additional classical figural elements integrated into the decorative garlands at the bottom. The reverse displays the legal guarantee of gold convertibility inscribed within an elaborate ornamental frame bordered by sophisticated scrollwork, with four corner ornaments containing the numeral '10'. Classical male busts in profile appear on the left and right of the central text, likely representing historical Russian statesmen or allegorical figures of commerce and governance.
FRONT: 'ГОСУДАРСТВЕННЫЙ КРЕДИТНЫЙ БИЛЕТ' (State Credit Note); 'ДЕСЯТЬ РУБЛЕЙ' (Ten Rubles); Serial number 'Ф.1818693'; Numeral denominations '10' in circular medallions. BACK: Principal legal text reads 'РАЗМЕНА ГОСУДАРСТВЕННЫХ КРЕДИТНЫХ БИЛЕТОВ НА ЗОЛОТУЮ МОНЕТУ ОБЕСПЕЧИВАЕТСЯ ВСЕЙ ДОСТОЯНИЕМ ГОСУДАРСТВА' (Exchange of State Credit Notes for gold coins is ensured by the entire property of the State); 'ГОСУДАРСТВЕННЫЕ КРЕДИТНЫЕ БИЛЕТЫ ИМЕЮТ ХОЖДЕНИЕ ВО ВСЕЙ ИМПЕРИИ НАРАВНЕ С ЗОЛОТОЮ МОНЕТОЮ' (State Credit Notes circulate throughout the entire Empire on equal footing with gold coins); Reference to legal penalties for counterfeiting in accordance with law; Denomination repeated as '10·РУБЛЬ·10' (10 Rubles 10).
Intaglio engraving (line engraving) on banknote-grade paper. The visual analysis confirms the characteristic fine line work, detailed scrollwork, and multiple layers of engraved ornamentation consistent with the security printing standards of the Russian Imperial State Bank. The sharp clarity of all text and decorative elements, combined with the intricate cross-hatching visible in the scrollwork patterns, indicates high-quality steel plate engraving typical of state security printers of the period. The Russian State Bank's printing works in St. Petersburg produced this issue.
This specimen carries the signature designation 'Sig. Schmidt,' referencing the authorized official signature present on the note. The serial number format 'Ф.1818693' represents one of the signature varieties used during the 1909 issue. The Pick catalog designation 11c(16) specifies this as variant 16 within the 11c category, distinguishing it from other signature varieties and printing variations of the 1909 ten ruble type. The date '1919' visible at bottom center appears to be a printing/approval date rather than issue date, consistent with the 1909 catalog attribution and the practice of printing dates on Imperial notes.