Peter I's wire money kopecks — struck by hammering silver rod between dies rather than milled production — were already anachronistic by 1702. Peter despised them, considering the fish-scale shape an embarrassment against Western coinage, and his monetary reforms would abolish the type entirely by 1718. These final decades of wire kopeck production were issued alongside Peter's new milled coinage, creating a deliberately parallel circulation that eased the transition without triggering the hoarding that abrupt demonetization typically provoked.
The Kadashevsky Moscow mint struck this type throughout the period.
Peter I's wire money kopecks — struck by hammering silver rod between dies rather than milled production — were already anachronistic by 1702. Peter despised them, considering the fish-scale shape an embarrassment against Western coinage, and his monetary reforms would abolish the type entirely by 1718. These final decades of wire kopeck production were issued alongside Peter's new milled coinage, creating a deliberately parallel circulation that eased the transition without triggering the hoarding that abrupt demonetization typically provoked.
The Kadashevsky Moscow mint struck this type throughout the period.