Historical Article: Russian Loan 3.5% 1894 - Bond Issued by the Imperial Russian Government
Historical Description of the Issuing Entity
The presented bond is part of the "Russian Loan 3.5% of 1894" issued by the Imperial Russian Government under the reign of Tsar Alexander III. This loan was one of several financial initiatives of the time aimed at supporting the enormous public expenditure necessary to modernize the empire and maintain its prominent position in Europe. The issuance of these bonds was primarily directed towards foreign markets, particularly European ones, to attract the capital needed for infrastructure development and industrial expansion.
In the late 19th century, Russia was undergoing a significant transformation, with substantial investments in the railway sector and industrial infrastructure. Tsar Alexander III promoted a policy of economic and military strengthening to ensure the security and stability of the vast Russian Empire, and these gold bonds were a crucial part of this strategy.
This bond represents a significant piece of history, illustrating the challenges and ambitions of an empire striving to keep pace with the other great world powers.
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 | 500 Francs or 125 Gold Rubles |
| Year of Issue | 1894 |
| Interest Rate | 3.5% per annum |
| Serial Number | Not provided |
| Dimensions | Approximately 42 x 30 cm |
| Language | Russian, French |
| Ornaments | Elaborate neoclassical-style decorations, gold and silver details on a 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 significant economic expansion and modernization for Russia. Under the leadership of Alexander III, the Russian government was working to strengthen its economic and military infrastructure to compete with other European powers. The late 19th century saw Russia engaged in ambitious projects such as the expansion of the railway network and the development of heavy industry, all financed through bond issues like this one.
Politically, the Russian Empire was in a phase of internal stability, but economic expansion was considered essential to maintain this stability in the long term. Russia needed to attract foreign investment to support its ambitious growth plans, and European markets, particularly the French one, were the primary targets for these bond issuances.
Artistic and Typographic Details
The bond is a fine example of period art and typography, featuring neoclassical decorative motifs. The document includes gold and silver details on a cream background, with inscriptions in Russian and French. The design is rich with imperial symbols, giving the bond a solemn and prestigious appearance. The artistic quality and attention to detail make this bond not only a financial document but also a collectible work of art.
Provenance
This bond may have originally been owned by a European investor, most likely French, given the strong financial ties between Russia and France during that period. The specific provenance is not documented, but it likely passed through the hands of specialized collectors before reaching its current location.
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 enhance the collectible value of the bond.
Valuation and Rarity
The 1894 bond is considered rare, especially in excellent condition like the one presented. Russian bonds from this period are particularly sought after 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 represents a unique opportunity to own a piece of history, enriched with valuable artistic and cultural elements. 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 perfect 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.
