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Altynnik - Peter I
| Issuer | Imperial Russian Mint |
|---|---|
| Year | 1718 |
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| Currency | Rouble (1700-1917) |
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| Obverse description | Central device depicts Saint George as an armored equestrian figure, shown in right profile astride a rearing horse, thrusting a long lance downward toward a serpent or dragon prostrate beneath the horse's hooves. The warrior wears a helmet and flowing cloak, rendered in the traditional Muscovite wire-money style translated to a struck billon flan. The field is plain and unlettered, with the entire composition occupying the full face of the coin in bold, somewhat archaic relief characteristic of early Petrine coinage. |
|---|---|
| Obverse script | Cyrillic |
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| Additional information |
The altynnik — worth three kopecks — was part of Peter I's sweeping monetary reform that dismantled the old wire-money system and introduced machine-struck coinage on Western European principles. By 1718, the reform was well underway but the billon small change remained perpetually troubled: the low silver content made these pieces profitable to counterfeit, and contemporary documents record persistent problems with unofficial copies circulating alongside genuine mint output.
KM#154.1 distinguishes the Moscow mint variety by die details that collectors have used to separate the type from closely related emissions of the same year.