1 Denga Year of the Horse

The denga was a medieval Russian silver coin whose name almost certainly derives from the Mongol word "tenge" — a direct linguistic residue of the Golden Horde's domination over Rus principalities from the 13th century onward. The original Moscow denga, struck from the late 14th century, was produced by folding silver wire and hammering it flat, resulting in irregular oval flans nothing like this piece.

MasterVision's restrike series uses historical denominations as nominal framing for bullion-adjacent collectibles. The Horse designation follows the 60-year Chinese sexagenary cycle, placing this issue in the lunar year beginning January 31, 2014.