Kopeck - Peter I / Ivan V with the name of Ivan

These wire money kopecks — struck by the ancient hammered method of flattening silver rod and punching individual blanks — were produced jointly under the nominal co-tsardom of Peter and his elder half-brother Ivan V, a co-rulership engineered by the Miloslavsky faction following the Streltsy uprising of 1682. Ivan, mentally and physically infirm, never exercised real power; the arrangement effectively left the regent Sophia in control for most of the period. Coins naming Ivan were struck alongside those naming Peter, giving the series an unusual parallel coinage structure rare in Russian minting history.

The wire money format itself was already archaic by this reign — Peter would abolish it entirely after 1718 in favor of Western-style milled coinage.