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

During the awkward co-tsardom of Ivan V and Peter I, coins circulated bearing either tsar's name — sometimes Ivan's, sometimes Peter's — minted simultaneously by the same workshops. This piece carries Peter's name, though real power during the early years nominally rested with the regent Sophia. The co-reign lasted until Ivan's death in 1696, after which Peter ruled alone and soon abolished the wire-money kopeck entirely in his monetary reforms of the early 1700s.

These hand-struck wire coins were produced by the chekanka method: silver wire cut to weight and hammered between dies. Consistent centering was essentially impossible.