The product is a bond issued by the Russian Government in 1913 to finance the Vladikavkaz Railroad. The bond, denominated in 463 rubles, comes with coupons attached and is a circulated item. This piece of history offers a glimpse into the financing of infrastructure projects in Russia during the early 20th century and is a valuable addition to any collection of stocks and bonds, scripophily, or coins and paper money. Not redeemable for face value.