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

During the uneasy co-tsardom of Ivan V and Peter I — forced on the court by the Streltsy revolt of 1682 — coinage was issued under both names simultaneously, a political concession to the Miloslavsky faction that had backed Ivan. This particular piece carries Peter's name, though for most of this period real power rested with their sister Sophia as regent. The wire-money format, hammered from a thin silver rod and cut to weight, was already archaic by Western European standards but would persist in Russia until Peter abolished it after 1696.