1912. The Ruble was a few years away from being taken off the gold standard, so this was probably worth something. I'm not sure which palace that was; they had a few. Possibly a palace they'd use in case they got tired traveling from the main gate of the big palace to the big palace itself. A modest place, where they could feel close to the people. Of course, the only time most of these monarchs got "close to the people" was when their carriages passed a cemetery.