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2 Ducats - Peter I Double Chervonets, Trade Coinage, Novodel

Issuer Russian Empire
Year 1714
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Weight 6.94 g
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Reverse description Central device comprising a crowned double-headed eagle displayed, its wings spread and each talon gripping orb and sceptre, with an escutcheon on the breast depicting St. George and the Dragon. A large imperial crown surmounts the composition at the top of the field. The date 1714 appears within the Cyrillic peripheral legend, which runs around the coin and proclaims the tsar's autocratic title. The bold, well-articulated heraldic engraving is characteristic of early Petrine coinage produced at the Moscow Krasny Mint.
Reverse script Cyrillic
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Additional information

The original 1714 chervonets was struck for trade with the Ottoman Empire and the broader Levantine market, where Russian gold needed to compete directly with Dutch ducats — the dominant trade coin of the era. Peter had Dutch coinage well in mind; he had worked the shipyards at Zaandam in 1697 and understood what made a coin acceptable at foreign counting houses.

This piece is a novodel — a later restrike produced at the St. Petersburg mint using either original or replica dies, typically for collectors during the 18th or 19th century. Novodels of this type vary considerably in die quality and provenance, and the Bitkin and Uzdennikov attributions reflect ongoing disagreement about precise die marriages among known examples.

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