1842 Russia Assignation 25 Rouble Banknote, POOR

The 1842 Russia Assignation 25 Rouble Banknote is a remarkable piece of financial history, offering a glimpse into the early days of paper currency in the Russian Empire. Classified as POOR due to its condition—torn, taped, and glued onto a transparent paper base—this note carries significant historical value. Issued by the Assignation Bank, it states that the bearer is entitled to receive twenty-five rubles in current coin, showcasing the economic structure of the time.

On the obverse, the crowned double-headed eagle, a symbol of imperial authority, prominently features a shield at the top center. The first signature is printed, while the second—representing the manager of the State Assignation Bank—is handwritten, adding a unique personal touch. The reverse of the note presents the denomination in an octagonal design, emphasizing its monetary value.

The Assignation ruble, which this banknote represents, was the first paper currency in the Russian Empire, used from 1769 until 1849. It circulated alongside the silver ruble, initially at parity but eventually declining in value to around 3.50 Assignation rubles per silver ruble during the 1840s. This banknote is not just a currency but a testament to the evolution of monetary systems in Russia, reflecting economic challenges and transformations of the era.