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Poltina - Ekaterina I Plate money

Issuer Imperial Russian Mint
Year 1726
Type Non-circulating coin
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Obverse script Cyrillic
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Edge Plain
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Additional information

Russian plate money — plata myedi — was borrowed directly from Swedish practice, where large flat copper slabs had served as currency since the 1640s. Catherine I's brief reign produced these unwieldy monetary instruments as Russia struggled to sustain copper coinage after Peter the Great's currency reforms had badly debased the smaller denominations. The poltina denomination, worth half a ruble, required a slab of this size precisely because the face value had to correspond to the actual copper content — the entire logic of the system.

Production was abandoned by 1727, the year of Catherine's death, making the issue exceptionally short-lived even by plate money standards.

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