It's amazing, just a half years after the opening theme came to a normal count of gold equivalent, and he's very correct.
The heyday of currency
Russian-Japanese War of 1904-1905. was the first serious test for Russian gold standard. The Government, with the first significant difficulties not resist the temptation to finance the war by issuing credit notes. Already been procured royal decree on the termination exchange. Then they would all have been worth the effort would be wasted, and the monetary system would return to the pre-reform state. But this did not happen. While issuing the law and has been broken, but only marginally. Unsubstituted gold credit cards over the statutory rate of 300 million rubles were issued in small denominations of 47 million rubles. Managed not only to maintain the gold reserve, but to increase it during the war to 122 million rubles. After 1905 the gold reserves continued to grow rapidly. Gradually withdrawn from circulation and replaced with gold coins, banknotes small denomination. Gold plating of the outstanding bank notes before and after the war was over 100%, ie was extremely strong (gold plating, for example in 1900 was 170%in 1911 - 117%).
By the beginning of World War I monetary circulation in Russia was in full bloom. On January 1, 1914 credit cards were in the amount of 1664 million rubles. The gold reserve of the State Bank stood at 1695 million rubles, of which 1 528 million rubles were inside the country and 167 million rubles abroad, which provided gold-plated ticket to 101.8%, and left right to issue free, ie not used in the amount of 330.5 million rubles. Banknotes were in circulation amounting to 2231 million rubles, including 494.2 on the gold coins RR, complete with silver at 123 million rubles, swap silver for 103 million rubles, copper, 18 million rubles.
Unfortunately I can not show off knowledge of the price of the painting, but if they went up against gold, investment in painting are interesting, but if not then ......... it's a beautiful passion for souls
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If anyone knows the price of the order presented in the early themes of the lumen.