Coins 1704 year of issue

From ancient times to today, everybody knows the Russian ruble. But how the first Russian ruble appeared is not known to everyone. The first mention of the ruble coin can be traced in the XIII century. At that time, such a virtual monetary unit was mentioned in Novgorod letters.
The Russian silver ruble was obliged to the great Tsar Peter I. by its appearance in use. The minting of the first coin took place in the spring of 1704, namely in the month of March.
Consisting of silver 833 samples, it had a weight of 28 grams. The diameter of the coin was 41-44 millimeters. The obverse of the coin was awarded the image of the young Tsar Peter. On the reverse of the coin there is a double-headed eagle, and in his hands a scepter and orb. Both the obverse and the reverse of the coin have a circular inscription. On the obverse, this is “Tsar Peter Alekseevich of All Russia Master.” On the reverse is a “good price ruble coin”.
Such a monetary system as a decimal, previously did not exist. It was based on a penny, which was one hundredth of the ruble. A fairly progressive system gained recognition in the lands bordering Russia. Thanks to the Russian silver ruble of 1704, Russia is the first state in the world to come up with a convenient monetary system.
It was since then that the Russian Empire began the regular minting of such freely convertible coins, the ruble denomination. These coins have been in circulation for more than 150 years.