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Historical Article: Russian Loan 3% 1896 - Bond Issued by the Imperial Russian Government
Historical Description of the Issuing Entity
The presented bond is a "Russian Loan" issued in 1896 by the Imperial Russian Government under Tsar Nicholas II. This loan, also known as the "Russian Loan 3% of 1896," is one of the financial instruments issued to support the Russian government's expenses during a period of economic and industrial expansion at the end of the 19th century. The goal was to raise funds for infrastructure projects, particularly the development of the railway network and the strengthening of Russia's industrial capacities, a nation in full economic and political transformation.
Russia at this time was a vast and diverse empire, with an economy primarily based on agriculture but rapidly transitioning to a more industrialized economy. The country had an increasing need for foreign capital to finance its modernization and the consolidation of its resources. The 1896 loan represents one of many bond issues used to attract foreign investors, particularly French, to support this growth.
This bond is representative of an era of great economic, social, and political change in Russia, culminating in the early decades of the 20th century with revolutionary events that would profoundly change the face of the nation.
Historical Data of the Issuing Entity
| Detail | Information |
|---|---|
| Year of Establishment | Not applicable (Russian Government) |
| Registered Office | Saint Petersburg, Russia |
| Name at Deregistration | Not applicable |
| Year of Stock Exchange Listing | 1896 |
| Year of Delisting | Not specified |
| Year of Dissolution | Not applicable (continued as USSR) |
| Share Capital at Establishment | Not specified |
| Share Capital at Dissolution | Not specified |
| Turnover (per year, if available) | Not available |
Document Characteristics
| Characteristic | Description |
|---|---|
| Document Type | Bond |
| Nominal Value | 2500 Francs or 937.50 Gold Rubles |
| Year of Issue | 1896 |
| Interest Rate | 3% per annum |
| Serial Number | Not provided |
| Dimensions | Approximately 42 x 30 cm |
| Language | Russian, French |
| Ornaments | Elaborate Art Nouveau-style decorations, blue details on cream background |
| Signatures | Imperial Russian Treasury Officials |
| Seal | Imperial Russian Seal |
| Condition | Excellent, well-preserved |
Historical Context
The 1896 bond was issued during a critical time for Russia, a period in which the empire was striving to establish itself as an economic power as well as a military one. The late 19th century saw Russia embark on an ambitious modernization program under the guidance of Sergei Witte, the Minister of Finance, who strongly believed in industrialization as a means to bring Russia to the level of other European powers.
Internationally, Russia was strengthening its relations with France, a strategic ally, and this loan was strongly supported by the French market, with a large portion of the bonds sold to French investors. This bond represents a bridge between Eastern and Western economies during a time when economic ties were growing despite political tensions.
Artistic and Typographic Details
The bond is a magnificent example of period art and typography, with an elaborate use of decorative motifs and traditional calligraphy. The document features an intricate Art Nouveau design, with floral ornaments and imperial symbols reflecting the majesty and authority of the Russian government of the time. The choice of colors, predominantly blue and cream, adds a touch of solemnity and prestige to the bond, making it not only a financial document but also a work of art.
Provenance
This particular bond may have been owned by a European investor, most likely French, as most Russian bonds of the period were sold in France. The specific provenance of the bond is not documented, but its current acquisition was through a network of private collectors specializing in historical securities.
Certificate of Authenticity
An official certificate of authenticity, accompanied by a detailed historical register, can be requested for an additional fee. This authentic document, verified by industry experts, will further enrich the collectible value of the bond.
Valuation and Rarity
The 1896 bond is considered relatively rare, especially in excellent condition like the one presented. Russian bonds from this period are sought after by collectors for their fascinating history and artistic beauty. Recent sales of similar bonds have seen growing interest, with prices reflecting the rarity and condition of the documents. However, it is important to note that values can vary significantly depending on market demand.
Scripophily Collecting
Scripophily collecting offers not only the opportunity to own a piece of history but also to enjoy a work of art that represents a bygone era. These historical documents are perfect for display in the home or office, adding a touch of elegance and history to any environment. Whether for a personal collection, a refined gift, or an investment in historical art, bonds like this represent a unique fusion of art, history, and symbolic value.
All historical documents for sale are intended for collection purposes. The documents have no economic or financial value (no economic or financial value); images that are not the historical document are representative of the object of the company and the historical period of reference. These images are not provided but can be freely downloaded from the website and printed.
