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Kopeck - Peter I

Issuer Russian Empire
Year 1703
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Composition Silver
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Obverse lettering ЯΨГ
(Translation: 1703)
Reverse description The reverse bears a multi-line Cyrillic inscription arranged across the irregular flan, carrying the full Muscovite-style titular legend of Peter I. The text reads «ЦРЬ И ВЕЛИКIИ КНЯЗЬ ПЕТРЪ АЛЕКСЕЕВИЧЬ ВСЕЯ РОССIИ», translating as 'Tsar and Grand Prince Pyotr Alexeyevich of all Rus'. The lettering is characteristic of the abbreviated titulature used on wire money of the period, distributed across the available field without a defined border or frame.
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Additional information

Peter I's wire kopecks — struck by the ancient chekanka method, where a blob of silver wire was hammered between dies — were already anachronistic by 1703. Peter despised them, describing them as primitive compared to Western milled coinage, and was actively working to abolish the type even as this piece was struck. The Moscow mint continued producing them only because the population refused to trust anything unfamiliar. Full monetary reform came in 1718, when wire kopeck production finally ceased.

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