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2 Dukats - Elizabeth Double Chervonets, Trade Coinage

Issuer Imperial Russian Mint
Year 1751
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Value 2 Ducats (2 Червонца) (5)
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Edge Plain
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Mintage 1751 - `АПРЕЛ` (April); Krasny Mint, Moscow -
1751 - `МАР. 20` (March 20); Krasny Mint, Moscow -
Additional information

Elizabeth Petrovna's double chervonets were struck not for domestic circulation but as trade instruments, primarily used to pay foreign merchants and soldiers along Russia's western and southern frontiers where Habsburg and Ottoman gold commanded more trust than Russian paper assignats. The type mirrors Dutch ducat specifications almost exactly — a deliberate policy choice under Elizabeth to keep Russian gold competitive in Baltic and Levantine trade networks where the ducat was the benchmark.

The 1751 date places this issue midway through Elizabeth's reign, after the monetary reforms that consolidated chervonets production under St. Petersburg. Surviving examples in high grades are not unusual; many never passed through commercial hands at all.

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