Shopping Cart
There are no more items in your cart
Historical Article: Russian 3½% Gold Loan 1894 of the Imperial Russian Government (Российский 3½% Золотой Заем 1894 года)
Historical Profile of the Company
The Russian 3½% Gold Loan 1894 represents one of the major bond issuances of the Imperial Russian Government at the end of the 19th century. This bond was issued with the intent to raise funds to support public debt and finance the growing needs of the state, including infrastructure projects and military expenses. The issuance in gold (Золотой Заем) was particularly significant as it guaranteed the payment of interest and principal in a stable and internationally recognized currency, protecting investors from the risk of ruble devaluation.
In 1894, Russia was in a phase of relative stability under the reign of Tsar Alexander III. However, the Russian economy was facing the challenges of rapid industrialization and the need to modernize the military and other essential infrastructures. The 1894 loan, backed by gold, aimed to strengthen investor confidence, both Russian and foreign, in the state’s finances.
Historical Data of the Company
| Data | Value |
|---|---|
| Year of establishment | 1894 (issuance date) |
| Headquarters | St. Petersburg, Russian Empire |
| Initial Capital | Not applicable (state issuance) |
| Year of bond issuance | 1894 |
| Interest rate | 3½% per annum |
| Bond value | 625 gold rubles (equivalent to 2500 francs, 981 German marks, 1800 Dutch guilders) |
| Bond duration | Perpetual |
| Year of company dissolution | 1917 (Russian Revolution) |
| Last available data | Not available |
Historical Context
The issuance of the Russian 3½% Gold Loan 1894 occurred during a period of economic expansion and modernization for the Russian Empire. The Tsarist government was seeking to strengthen its economic and political position through investments in infrastructure, including railways and heavy industries. However, the Russian economy was still heavily dependent on agriculture and underdeveloped sectors, making it necessary to turn to the international market to obtain the necessary capital.
This bond, issued in gold, was particularly attractive to international investors as it guaranteed a secure return in a stable currency. This financial instrument was therefore essential in supporting Russia's imperial ambitions and maintaining economic stability in an era of global change and increasing geopolitical tensions.
Artistic and Typographic Details
The 1894 document is characterized by a richly detailed decorative frame, with predominant use of blue and gray, colors that convey a sense of authority and stability. The Russian imperial emblem, with the double-headed eagle, is positioned at the top, symbolizing the authority of the state. The text is arranged in a clear and readable manner, with extensive use of Cyrillic and details such as seals and signatures that authenticate the document. The elegance of the design reflects the importance of the bond as a secure investment instrument.
Provenance of the Bond
This bond has a long history of preservation and collecting, having been maintained in excellent condition over the years. It has been acquired by various private collectors, enthusiasts of Russian financial history and scripophily. An official certificate of authenticity, including a detailed historical registry of the document, can be requested, adding further value and guaranteeing its authenticity.
Valuation and Rarity
The 1894 Russian 3½% Gold Loan bonds are considered relatively rare, especially in good condition. Their market value has increased in recent years, driven by interest in the financial history of the Russian Empire and gold-backed securities. Recent auctions have seen a growing interest in similar documents, making this bond a highly sought-after collectible.
The Importance of Scripophily Collecting
Scripophily collecting not only allows one to own unique pieces of economic history but also offers a way to explore the political and social dynamics of the past. These documents are perfect for private collections, but also as prestigious gifts or as decorative elements that add a touch of history and sophistication. Scripophily is a fascinating way to connect with the past and appreciate financial and historical culture.
All historical documents for sale are 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 company and the historical period of reference, they are not provided but can be freely downloaded from the website and printed.
