

“Sig.Feduleyev”
This is an exceptional example of the Russian Imperial 5 Ruble note from 1909, presented in AU (About Uncirculated) condition with sharp, crisp impression throughout and no visible wear. The note features the magnificent Imperial Russian double-headed eagle coat of arms prominently displayed within ornate oval frames on both sides, surrounded by intricate blue and pink decorative borders with fine-line engraving work. The serial number PO 186570 and excellent preservation make this a desirable collector specimen of Russia's pre-revolutionary currency.
Common. The 1909 Imperial Russian 5 Ruble notes were produced in substantial quantities as part of the standard circulating currency of the Russian Empire during a stable pre-war period. The Pick catalog designation P-10b(14) indicates this is a cataloged standard issue rather than an emergency or limited emission. While AU specimens in excellent preservation command moderate premiums over circulated examples, the note itself represents mainstream Imperial Russian currency with no documented short print run, recall history, or scarcity factors. The serial number PO 186570 falls within normal range for circulation period production.
Issued during the twilight of the Russian Imperial era under the Tsarist regime, this 1909 credit note represents the State Bank's gold-backed currency system that guaranteed exchange for precious metal coins. The elaborate heraldic imagery—particularly the double-headed eagle with its complex shield containing multiple regional coats of arms and ceremonial regalia—symbolized the vast territorial extent and centralized authority of the Russian Empire. The inscriptions explicitly reference the gold standard backing ('1 ruble - 1/15 Imperial, containing 17.424 parts pure gold'), reflecting the pre-WWI international monetary order that would collapse within a decade.
Both sides of this note feature the Imperial Russian double-headed eagle (Государственный герб - State Coat of Arms) as the dominant central element, rendered in fine-line engraving within elaborate oval frames topped with ornamental crowns. The front presents a simpler heraldic display with the eagle flanked by laurel branch wreaths, symbolizing national authority and prosperity. The reverse reveals the more complex heraldic achievement, with the double-headed eagle presiding over an intricate shield containing multiple smaller regional coats of arms representing the diverse territories of the Russian Empire, with crossed ceremonial objects (scepter and orb, or imperial regalia) positioned beneath. The decorative framework employs sophisticated geometric and floral scroll motifs in alternating pink/salmon and blue tones against a cream background, with the denomination numeral '5' presented in multiple decorative circles. This design exemplifies the Imperial State Bank's intent to convey financial legitimacy and governmental prestige through heraldic complexity and artistic refinement.
FRONT SIDE: Denomination marking '5' (Five) appears in decorative circles at top corners. Central text reads 'ГОСУДАРСТВЕННЫЙ КРЕДИТНЫЙ БИЛЕТ ПЯТЬ РУБЛЕЙ' (State Credit Note Five Rubles). Serial number 'ПО 186570' (Serial PO 186570). Below the coat of arms: 'ГОСУДАРСТВЕННЫЙ БАНК РАЗМЕНИВАЕМЪ КРЕДИТНЫЕ БИЛЕТЫ НА ЗОЛОТУЮ МОНЕТУ БЕЗ ОГРАНИЧЕНИЯ СУММЫ (1 РУБЛЬ - 1/15 ИМПЕРИАЛА, СОДЕРЖАТЬ 17, 424 ДОЛЕЙ ЧИСТОГО ЗОЛОТА.)' (The State Bank exchanges credit notes for gold coins without sum limitation. 1 ruble equals 1/15 Imperial, containing 17.424 parts pure gold). BACK SIDE: Denomination '5' (Five) appears in all four corners. Text 'ПЯТЬ РУБЛЕЙ' (Five Rubles). Extended legal text regarding state backing and validation of the credit notes (specific clauses regarding asset backing and currency validity).
Engraved intaglio printing (recess printing), evidenced by the fine, crisp line work, intricate background patterns, and sharp impression quality visible throughout both sides. The multi-color effect (blue, pink, black, and cream) was achieved through either multi-pass printing or sophisticated color separation techniques typical of Imperial Russian State Bank production. The note was produced by the Russian Imperial State Bank's security printing operations; for notes of the 1909 series, production was likely handled by the State Bank's own printing facilities or contracted security printers such as those used for the Shipov-Afanasyev signature series notes.
This example represents the Shipov-Afanasyev signature variant of the 1909 5 Ruble series, as indicated by the Pick catalog designation P-10b(14). The signature variety references the State Bank officials (cashier and director signatures) present on the note during this printing period. The serial number prefix 'ПО' (letter code for issue series) and the specific numbering format are consistent with documented production variants for this denomination and year. No overprints, annotations, or unusual markings are present; this is a standard circulation-intended note of its type.