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Denga - Ivan IV Moscow

Issuer Moscow Mint
Year 1535-1547
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Thickness 1.20 mm
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Reverse script Cyrillic
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Mint Moscow Mint
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Additional information

These tiny wire coins — produced by the Moscow mint during Ivan IV's minority, when his mother Elena Glinskaya held the regency — were struck as part of the sweeping monetary reform of 1535 that unified Russian coinage for the first time. Before that reform, a chaotic mix of regional dengas from Novgorod, Tver, Moscow, and a dozen other minting centers circulated simultaneously at inconsistent weights. The 1535 reform standardized the ruble as an accounting unit of 100 kopecks or 200 dengas, a structure that persisted with minimal alteration for nearly two centuries.

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