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Ruble - Elizabeth ММД

Issuer Imperial Russian Mint
Year 1751-1754
Type Standard circulation coin
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Obverse lettering Б·М·ЕЛИСАВЕТЪ·I·IМП:IСАМОД:ВСЕРОС: М∙М∙Д∙
(Translation: By God`s grace Elizaveta, Empress and Autocrat of All Russia MMD)
Reverse description A crowned double-headed imperial eagle displayed with wings spread, each head surmounted by a separate crown and both united beneath a central imperial crown above. An orb and sceptre are clutched in the eagle's talons, and an oval shield bearing the mounted St. George is positioned on the breast. The denomination legend МОНЕТА РƔБЛЬ is arranged around the field, the date is divided at the top of the coin, and the engraver's initials appear at the bottom of the field flanking the eagle's tail.
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Additional information

Elizabeth's ruble coinage of this period was produced at the Moscow Mint — the ММД mintmark — during a reign defined by conspicuous court expenditure and chronic treasury strain. The Seven Years' War began drawing heavily on silver reserves from 1756 onward, making issues from immediately before that mobilization notably less worn in surviving examples; they had less opportunity to circulate freely before metal priorities shifted.

The .802 fineness reflects a deliberate debasement from the Petrine standard, a policy Elizabeth's government implemented quietly rather than by proclamation.

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