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Jefimok Rouble - Alexey Mikhailovich Countermarked over 'Pisa Thaler 1618'
| Issuer | Imperial Russian Mint |
|---|---|
| Year | 1655 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Diameter | 41 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | Log in to see details |
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| Reverse lettering | Log in to see details |
| Edge | Milled |
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| Mintage | Log in to see details |
| Additional information |
The jefimok program of 1655 was a wartime improvisation. Facing chronic silver shortages during the Thirteen Years' War with Poland-Lithuania, Tsar Alexey Mikhailovich ordered foreign thalers — gathered from trade and treasury reserves — to be counterstamped with a horseman punch and a date cartouche, converting them into official Russian currency at a fixed rate of 64 kopecks. The policy lasted less than a year before it collapsed under the weight of public resistance and exchange-rate chaos; jefimoks were demonetized by 1659.
A Pisa thaler of 1618 beneath the Russian stamps means this blank spent nearly four decades in circulation or storage before the counterstamp found it.