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| Issuer | Russian Empire |
|---|---|
| Year | 1617-1627 |
| Type | Standard circulation coin |
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| Obverse description | A mounted horseman, representing the Tsar, depicted in profile riding a galloping horse to the right and brandishing a long spear. The figure is rendered in the characteristic schematic style of early Russian wire money. The mint mark НОГ (denoting the Velikiy Novgorod Mint) appears in the field beneath the horse's hooves. The design is struck on an irregularly shaped, flattened silver planchet cut from drawn wire, resulting in a compact, oval-to-round form typical of Russian cheshuitsy of this period. |
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| Obverse lettering | НОГ (Translation: NOG) |
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| Additional information |
Mikhail Romanov's early kopecks were struck under conditions of severe institutional collapse — the Time of Troubles had just ended, mints were understaffed and irregularly supplied, and wire-cut flans were hammered by hand with little consistency. The Novgorod mint, designated by the НОГ signature, was one of several simultaneously producing kopecks for the new dynasty, a deliberate redundancy meant to flood recovering markets with coin after years of monetary disruption.
Novgorod's mint had been seized and operated by Swedish forces as recently as 1611, making its reactivation under Romanov authority a pointed political act as much as an economic one.