Kopeck - Peter I 1703 front Kopeck - Peter I 1703 back
Kopeck - Peter I 1703 photo
© Grinya (CC BY-NC-SA)

Kopeck - Peter I

1703 year
Silver 0.28 g -
Description
Issuer
Russian Empire
Tsar
Peter I the Great (1682-1721)
Type
Standard circulation coin
Year
1703
Value
1 Kopeck (1 Копейка) (0.01)
Currency
Rouble (1533-1717)
Composition
Silver
Weight
0.28 g
Shape
Round (irregular)
Technique
Hammered (wire)
Orientation
Variable alignment ↺
Demonetized
Yes
Updated
2024-10-07
References
Numista
N#395804
Rarity index
97%

Reverse

Cyrillic inscription.
Legend «ЦРЬ И ВЕЛИКIИ КНЯЗЬ ПЕТРЪ АЛЕКСЕЕВИЧЬ ВСЕЯ РОССIИ».

Script: Cyrillic

Translation: Tsar and Grand Prince Pyotr Alexeyevich of all Rus

Comment


http://silver-copeck.ru/8013/1703.html

Rarity (GKH2) 8

Interesting fact

The Kopeck coin , which was minted during the reign of Peter I in 1703, was part of a series of coins that were introduced to replace the traditional Russian coinage system, which had been based on the use of silver and copper coins. The new coins, including the Kopeck, were designed to be made of a higher purity of silver, and were intended to help stabilize the Russian economy and promote trade. It's worth noting that the Kopeck coin was a significant departure from the previous Russian coinage system, as it was the first coin to be minted with a standardized design and denomination. Prior to this, Russian coins had been minted with a variety of different designs and denominations, which had caused confusion and made it difficult to conduct trade. The introduction of the Kopeck coin helped to establish a standardized system of currency in Russia, which helped to promote economic growth and stability.