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Kopeck - Alexey Mikhailovich о М
| Issuer | Imperial Russian Mint |
|---|---|
| Year | 1650-1655 |
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| Composition | Log in to see details |
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| Orientation | Variable alignment ↺ |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Cyrillic |
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| Reverse lettering | ЦАРЬ И ВЕЛИКИЙ КНЯЗЬ АЛЕКСЕЙ МИХАЙЛОВИЧ ВСЕЯ РУСИ (Translation: Tsar and Grand Prince Alexey Mikhailovich of all Rus) |
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| Additional information |
Wire money of the mid-seventeenth century Muscovite state, struck by hammering silver rod between two dies — a technique essentially unchanged since Ivan the Terrible's monetary reform of 1535. These fish-scale kopecks circulated during Alexis's reign at a moment of acute fiscal stress: the Thirteen Years' War with Poland-Lithuania beginning in 1654 forced the government to introduce debased copper kopecks at par with silver, a policy that collapsed spectacularly in the Copper Riot of 1662. Silver wire kopecks vanished from circulation almost immediately as Gresham's Law took hold.