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Altyn - Peter I

Issuer Russian Empire
Year 1713-1714
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Weight 1.7 g
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Reverse description Central field bears the Cyrillic denomination inscription 'АЛТЫНЬ' arranged in two lines, with the Arabic numeral date '1713' below. Three raised pellets arranged horizontally appear in the upper field above the inscription, serving as a decorative device denoting the value of three kopecks. The lettering is rendered in an early eighteenth-century Cyrillic script characteristic of the Petrine monetary reform period. The milled border frames the entire design.
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Edge Diagonal reeding
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Additional information

The altyn had a long and troubled history in Russian coinage before Peter revived it — the denomination had effectively disappeared from circulation during the monetary chaos of the mid-17th century. Peter's reissue was part of his broader currency rationalization program, an attempt to impose Western European monetary logic onto a system still tangled in archaic Muscovite conventions. The billon composition reflects the chronic silver shortage that plagued the early imperial mint throughout this period.

Production was short-lived. The altyn was abandoned again within years, never finding a stable place in the reformed coinage hierarchy.

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