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Jefimok Rouble - Alexey Mikhailovich Countermarked over 'Brunswick-Wolfenbüttel Taler'
| Issuer | Imperial Russian Mint |
|---|---|
| Year | 1655 |
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| Composition | Log in to see details |
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| Shape | Round |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin/Cyrillic |
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| Edge | Plain |
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| Additional information |
The jefimok was never minted from scratch — it was a fiscal improvisation. Facing a severe silver shortage during the Russo-Polish War, Tsar Alexey Mikhailovich's government in 1655 simply counterstamped existing Western European taler-weight coins with two punches: a horseman stamp and a date cartouche reading "1655." Brunswick-Wolfenbüttel talers were among the many host coins pressed into service, acceptable precisely because their weight and fineness met the threshold required for the conversion.
The scheme collapsed within a year. Russian merchants and foreign traders refused to accept jefimoki at the mandated exchange rate of 64 kopecks, well above the coins' actual silver value, and the government withdrew the issue by 1659.