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

The dual-tsar coinage of 1682–1696 reflects one of the stranger constitutional arrangements in Russian history: Peter and his half-brother Ivan V were proclaimed co-tsars following the Streltsy revolt of 1682, with their elder sister Sophia acting as regent behind both. Wire money of this type — hand-struck on irregular silver flans cut from drawn wire — continued a production method essentially unchanged since the fifteenth century. Peter would abolish it entirely after 1696, when Ivan's death left him sole ruler and free to modernize the coinage along Western lines.