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Polupoltina - Ekaterina I Plate money

Issuer Imperial Russian Mint
Year 1725
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Currency Rouble (1700-1917)
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Obverse description Large square copper plate of irregular form bearing five impressed circular dies: a central denomination stamp and four corner stamps. The four corner impressions each display the imperial double-headed eagle of Russia with spread wings, holding orb and sceptre, with a shield on its breast, all within a beaded circular border. The central circular stamp bears the Cyrillic denomination legend in four lines within a plain field, surrounded by a beaded border, authenticating the monetary value of the plate. This format is characteristic of the Swedish-inspired Russian plate money coinage introduced under Peter I and continued briefly under Catherine I.
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Obverse lettering ЦЕНА ПОЛПОЛТIНЫ ЕКАТЕРIНЪ БУРХЪ 1725
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Additional information

Russian plate money — plata myedi — was a short-lived experiment borrowed directly from Sweden, where copper plates had circulated since the 1640s as a way to back currency with the metal's actual commodity value. Catherine I continued the practice begun under Peter the Great, but the system was already proving unworkable: the pieces were too heavy, too unwieldy for commerce, and too expensive to transport. The polupoltina denomination, representing one-quarter of a rouble, sat at the lighter end of the plate money range, yet still required a substantial copper slab.

Production ceased by 1727. Few entered meaningful circulation.

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