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Historical Article: Russian Loan 3% 1894 - Second Issue by the Imperial Russian Government
Historical Description of the Issuing Entity
The presented bond is part of the "Russian Loan 3% of 1894," issued during the reign of Tsar Alexander III and continued under his successor, Nicholas II. This loan represents the second issuance of a broader financing program aimed at strengthening the Russian economy through infrastructure development and industrialization. During this period, the Russian government sought to attract foreign capital, primarily from France, to support the modernization of the empire.
In the historical context of 1894, Russia was engaged in a significant expansion of its industrial and infrastructural capabilities, partly in response to increasing international pressure and partly to consolidate its role as a world power. Russia was also attempting to stabilize its domestic economy by investing in long-term projects that would ensure its economic self-sufficiency and strengthen its position on the European stage.
This bond issue is emblematic of a period of significant government investment and increasing interaction between European economies, with a particular focus on financial ties between Russia and France.
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 | 1894 |
| 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 625 Gold Rubles |
| Year of Issue | 1894 |
| 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 1894 bond was issued during a period of transition and expansion for Russia, under the leadership of Alexander III and then Nicholas II. This period was characterized by a particular focus on modernizing the country’s economic infrastructure, with the development of railways, ports, and heavy industries. The need for foreign capital was pressing, and the Russian government, with French support, sought to consolidate its economy through the issuance of bonds like this one.
In the international context, Russia was seeking to strengthen its ties with European powers, particularly France, with whom it shared common strategic interests. The sale of these bonds to European markets, particularly the French one, represented an important step for Russia's economic integration into the European financial system.
Artistic and Typographic Details
The bond is a refined example of 19th-century typographic art and design, featuring decorative motifs in the Art Nouveau style that reflect the aesthetic of the time. The document is adorned with detailed designs, including floral motifs and imperial symbols, representing the authority and grandeur of the Russian Empire. The color palette, dominated by blue and cream, gives the bond a solemn and prestigious appearance, making it not only a financial document but also a work of art.
Provenance
This specific bond may have been owned by a French investor, given France's strong participation in purchasing Russian bonds during this period. The exact provenance of the bond is not documented, but its current ownership likely stems from 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 1894 bond is considered relatively rare, especially in excellent condition like the one presented. Russian bonds from this period are particularly prized by collectors for their historical and artistic value. Recent sales of similar bonds have seen growing interest, with prices reflecting the rarity and condition of the document. However, it is important to note that values can vary significantly depending on market demand.
Scripophily Collecting
Scripophily collecting offers the unique opportunity to own a piece of history, enriched by artistic and cultural significance. These historical documents are ideal for display in homes or offices, 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.
