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Jefimok Rouble - Alexey Mikhailovich Countermarked over 'Utrecht Rijksdaalder'

Uitgever Russian Empire
Jaar 1655
Type Standard circulation coin
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Schrift voorzijde Latin
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Beschrijving keerzijde The reverse presents a half-length armored figure of a knight facing right, holding an upright sword in the right hand and resting the left hand upon a shield bearing the rampant Utrecht lion. The knight is laureate and clad in plate armor with a draped mantle. The encircling Latin legend reads MO ARG PRO CONFOE BELG TRA, denoting the silver coinage of the confederated Belgian provinces of Utrecht. An inner beaded border frames the central design, with the legend occupying the outer annulus of the flan.
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Aanvullende informatie

The jefimok was not a coin Russia minted — it was a Dutch rijksdaalder forcibly conscripted into Russian circulation by a 1655 decree from Tsar Alexey Mikhailovich. Facing a chronic silver shortage and unable to produce roubles of sufficient weight domestically, the Treasury ordered foreign thalers to be counterstamped with a horseman punch and a date cartouche, legally transforming a 48-stuiver Dutch coin into a Russian rouble at a stroke. The Utrecht rijksdaalder was among the most common Western silver entering Muscovy through Baltic trade.

The experiment lasted barely a year. Widespread rejection by merchants and peasants who understood the overvaluation forced the scheme's abandonment in 1656.

MISSCHIEN OOK INTERESSANT