Silver ruble, printed in light hazel. Signature of bank director Englert. Three-digit series.
Silver rubles issued for the Bank of Poland are undeniably rare values and sporadically listed on the auction market in Poland and abroad. The high rarity of the entire issue is the result of a controlled and prolonged withdrawal from circulation. The ruble denomination is, in practice, the only representative of this very turbulent period in the history of Polish paper money available today, but within the denomination in question there is an extreme difference in the rarity of individual mintages. It is safe to assume that the vast majority of the available population of the ruble denomination are the '47,'58 and '66 vintages.
For more information on the silver ruble population, see our article "How to bite a ruble with silver" - link.
The piece that is the subject of the auction is a representative of the most common vintage, but it should still be remembered that we are talking about an extremely rare issue, where any piece is a distinction for the banknote collection it represents.
The banknote after a full restoration treatment consisting of strengthening and scoring. Print colors tarnished, but given the extent of the work, the overall perception of the banknote is acceptable.
In recent years, silver rubles have completely disappeared from the auction market in Poland and abroad, so today the appearance of any piece is a significant event in the circle of collectors of Polish paper money.
The offered vintage in the presented condition will not pose a financial challenge, and at the same time will allow to introduce a representative of such a rare issue to a given collection.
At the Congress of Vienna in 1815, the Kingdom of Poland was established, which had wide autonomy until 1831. In 1824, the issuance of cash tickets with denominations of 5, 10, 50 and 100 zlotys was approved. This first money printed on both sides was put into circulation in 1828. In 1831, the Bank of Poland prepared its own tickets with denominations of 5, 50 and 100 zlotys. During the November Uprising, a 1-zloty banknote was issued.
In 1841, unification was made with the monetary system of the Russian Empire and the silver ruble was introduced. The Bank of Poland issued 1, 3, 10 and 25 ruble banknotes until 1866.
