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Kopeck - Peter I

Issuer Russian Empire
Year 1701
Type Standard circulation coin
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Obverse description A mounted equestrian figure, representing the Tsar, depicted in profile facing right and riding a galloping horse, with a downward-pointed lance or spear held in the right hand. The design is struck on an irregularly shaped planchet characteristic of wire money (chekhi), resulting in a compressed and partially visible composition. The rendering is schematic and stylized, consistent with the die-engraving conventions of early Russian hammered coinage. The date in Cyrillic numerals appears in the field above or beside the horseman.
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Obverse lettering ЯΨЯ
(Translation: 1701)
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Additional information

Peter I's wire kopecks — struck by hammering silver wire into a die rather than milling blank planchets — were already an archaic technology when this piece was made. Peter despised them, considering them an embarrassment unworthy of a modernizing empire, and spent the early 1700s systematically replacing the type with Western-style milled coinage. Production of wire kopecks ceased entirely by 1718.

The 0.28g weight reflects deliberate debasement relative to earlier Muscovite standards — a quiet fiscal measure that preceded the formal monetary reforms by less than a decade.

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