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

During the co-tsardom of Ivan V and Peter I — engineered by the Miloslavsky faction following Fyodor III's death in 1682 — coins were struck acknowledging both rulers simultaneously, an arrangement without precedent in Muscovite monetary practice. This particular piece carries Peter's name despite Ivan holding nominal seniority, a reflection of the factional instability that characterized the entire regency period under Sophia Alekseyevna. Wire money of this type was produced by the archaic hammered technique, drawing silver rod through dies — a method essentially unchanged since Ivan the Terrible's monetary reform of 1535.