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Kopeck - Peter I

Issuer Russian Empire
Year 1702
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Value 1 Kopeck (1 Копейка) (0.01)
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Obverse description Equestrian effigy of the Tsar depicted as a mounted warrior, galloping to the right and bearing a raised spear, in the traditional Russian wire money (chekha) style. The figure is rendered in low relief with bold, simplified strokes characteristic of the hammered wire kopeck tradition. Cyrillic date numerals appear beneath the hooves of the horse in the lower field.
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Obverse lettering ҂АѰВ
(Translation: 1702)
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Peter I's wire kopecks — struck by hammering silver wire between dies rather than milled production — were a technology holdover from medieval Muscovy that Peter himself despised. He was actively dismantling the system by 1702, pushing toward Western-style milled coinage, which makes these late wire issues transitional artifacts of a monetary reform already underway. The Kadashevsky mint in Moscow was among the last facilities still producing them.

Within a few years the wire kopeck was abolished entirely, replaced by round milled copper pieces in 1704.

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