Coins 1703 year of issue

The minting of copper coins in Russia began in 1703. They became direct competitors of wire silver scales. In the same year, the first gold coin was produced, which corresponded to the standard of gold ducat - 3.4 grams. Before the First World War, chervonets worth 30 and 5 rubles were issued in Russia.
In the 18th century, foreign coins in Russia were called ducats. Even the Moscow Tsar Ivan III began to mint "red" - otherwise chervonets. Such coins, which were made before Peter I, were characterized by a greater function of rewards than banknotes. In 1701, the first such gold piece was minted.
After the monetary reform carried out by Peter I, chervonets became a full-fledged monetary unit of Russia. In fairness it should be noted that they were used in most cases when trading with foreigners.
A sample of gold for gold coin produced in 1703 - 969. Its weight is 3.47 grams, its diameter is 23-24 millimeters. Herd smooth.
In the circle of the chervontsa is the inscription "sovereign."
Since 1700, polupolushka is the smallest denomination in the Russian monetary system. The polush minted in 1703 during the reign of Peter the Great was 1/4 kopecks. The first coins weighed only 1.02 grams. Made of copper. The inscription on the coin was “полу-шка”. At the top on the reverse is the colon, the obverse is the cross of dots. On top of the obverse, the crown is divided by a circular inscription.
In the old money account, a polushka is the smallest unit. Often these coins had an irregular shape, as they were minted by hand. The word “state” and a bird were minted on the very first halves.
It is curious that treasure hunters found coins that have obverse on both sides. At modern auctions the polush is valued as an old coin. Its value depends entirely on the state in which it is located.