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10 Dengas - Peter I

Issuer Imperial Russian Mint
Year 1701-1704
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Value 10 Dengas (10 Деньги) (0.05)
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Edge Plain
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Mintage 1701 - ҂ЯΨА; Krasny Mint, Moscow -
1702 - ҂АΨВ; Krasny Mint, Moscow -
1704 - ҂АΨД; pattern of leaves; Krasny Mint, Moscow -
1704 - ҂АΨД; pattern of points; Krasny Mint, Moscow -
Additional information

The denga series under Peter I was part of his sweeping monetary reform begun in 1700, which dismantled the old wire-cut "fish-scale" kopek system that had remained essentially unchanged since the sixteenth century. Peter needed a rationalized coinage to fund the Great Northern War against Sweden — a conflict that would consume Russian finances for over two decades.

KM#103 is among the transitional machine-struck issues produced at the newly modernized Moscow mint, where Peter had imported Western European equipment and technicians specifically to replace hand production.

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