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2 Kopecks - Pavel I КМ

Issuer Russian Empire
Year 1797-1801
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Composition Copper
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Obverse description Central field dominated by the large ornate Cyrillic cipher of Emperor Pavel I, formed by the Cyrillic letter П surmounted by the Roman numeral I, all rendered in an elaborate calligraphic style with decorative foliate scrollwork extending from the terminals of the monogram. The imperial crown, with its orb and cross finial, is positioned above the cipher. The design fills the field with no surrounding legend, presenting a bold and stately monarchical device characteristic of Pauline coinage.
Obverse script Cyrillic
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Additional information

Pavel I's copper coinage was the product of a deliberate monetary reform meant to restore confidence in a debased copper currency that Catherine II had allowed to deteriorate. He ordered a reduction in the number of kopecks struck per pud of copper — from 16 to 8 — effectively doubling the intrinsic metal content of each coin. The КМ mint mark places this piece at the Kolyvan Mint in Suzun, Siberia, operating on copper sourced directly from the Altai mining complex.

Pavel was assassinated in March 1801, ending a reign of just four years.

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