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Article: Historical Profile of the "Gouvernement Impérial de Russie" and Its 4% Consolidated Russian Bonds
The bonds of the "Gouvernement Impérial de Russie," such as those depicted in this document, represent one of the most fascinating and crucial moments in the economic and financial history of the Russian Empire. This certificate is an example of the complexity and power of the imperial Russian financial system at the end of the 19th century, a period of great industrial expansion and infrastructure investment, especially in railways.
Historical Context
At the end of the 19th century, Russia was engaged in rapid industrial modernization. One of the government’s main objectives was the development of a railway network that could support the country’s economic and military expansion. To finance these ambitious projects, the Russian government issued several series of bonds, guaranteed in gold, attracting capital both domestically and internationally. These bonds were highly popular among foreign investors, especially in Western Europe, due to their stability and high yield.
The bond presented here is part of a series issued between the late 1800s and early 1900s, specifically to finance the development of Russian railways. The issuance of these bonds reflected not only the need to raise capital but also the Russian government’s desire to present itself as a reliable and modern financial partner on the international stage.
Historical Data of the Company
| Data | Value |
|---|---|
| Year of Foundation | 1889 |
| Headquarters | Saint Petersburg, Russian Empire |
| Name at Delisting | Gouvernement Impérial de Russie |
| Year of Stock Exchange Listing | 1889 |
| Year of Delisting from the Stock Exchange | 1917 (with the Russian Revolution) |
| Year of Company Dissolution | 1917 (with the fall of the Russian Empire) |
| Share Capital at Foundation | Variable depending on the issuance |
| Share Capital at Dissolution | Not available (the October Revolution led to nationalization) |
| Annual Revenue | Not available, but significant inflows of foreign capital |
| Document Features | 4% consolidated, 125 Gold Rubles, gold-backed, issued for the development of Russian railways. |
Artistic and Typographic Details
The certificate’s design is elaborate, reflecting the importance of the issuance. The decorative frame, with ornamental details typical of the imperial era, encases the text in Cyrillic and the emblem of the imperial double-headed eagle, symbolizing power and authority. The use of gold and dark tones gives the document a sense of solemnity and security, appropriate for a government-backed issuance.
Provenance and Authenticity
These certificates were issued on a large scale, but few examples have survived to this day, especially in good condition. This document comes from a private collection and was acquired through a well-known scripophily dealer. An official certificate of authenticity with the related historical register can be requested for an additional fee.
Valuation and Rarity
The bond presented here is considered rare, especially if kept in excellent condition. Russian bonds guaranteed in gold are particularly prized by collectors, both for their history and their artistic design. Recent sales in the scripophily market indicate growing interest in these documents, with prices on the rise.
For Scripophily Collectors
Owning a document like this means holding a piece of world economic history in your hands. These documents are not only testimonies of significant historical events but can also be used as decorative items, prestigious gifts, or part of private collections. Investing in scripophily means appreciating and preserving financial and historical culture, connecting with a past that has had a lasting impact on the present.
All historical documents for sale are intended for collection purposes. The documents have no economic or financial value (no economic or financial value), and images that are not the historical document are representative of the company’s subject and the historical period of reference. They are not provided but can be freely downloaded from the website and printed.
