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Half-denga - Vasily I Dmitriyevich Cyrillic legend / Ornament

Issuer Moscow, Grand principality of
Year 1420-1423
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Value 1/2 Denga
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Obverse description Irregular hammered flan bearing a Cyrillic inscription arranged across the field in multiple lines. The legend, reading in abbreviated medieval Muscovite script, identifies the issuing authority as Grand Prince Vasily. The lettering is crudely but boldly struck, characteristic of early fifteenth-century Moscow wire-money production, with individual characters occupying the majority of the available field.
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Obverse lettering В+E Л КNЗЬ ВАСIЛ НН
(Translation: Grand Prince Vasily.)
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Additional information

Vasily I spent much of his reign navigating the demands of the Golden Horde while simultaneously consolidating Muscovite territory — a balancing act that shaped even minor monetary decisions. These fractional silver pieces circulated in a system where the denga itself was already a small denomination, making the half-denga effectively the smallest practical unit of exchange in early 15th-century Moscow.

The HP II#1535 reference places this within Hrîstodulov and Petrov's typology of early Muscovite coinage, a series notorious for attribution difficulties given the volume of imitative and sub-princely issues produced concurrently across rival appanages.

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