The monetary system of this period was designed to reflect the national traditions and at the same time satisfy the needs of the Russian power market. The turnover (both external and internal) was controlled by Peter the Great himself.
From imported raw materials to Western European thalers.
The mines in Altai were discovered only in 1730. Prior to this, only imported raw materials were used for minting coins. However, at the initiative of Peter the Great, rubles began to be issued from 1704, using Western European thalers. Sometimes they did not have time to melt, and immediately sent to the press.
Russian coins minted in 1705 were made from:
- silver;
- copper.
In addition, coin-like tokens were issued on the Russian market of that period. The gold coin was considered the most valuable coin.
Silver coins of 1705:
- 1 ruble (with a closed or open crown);
- poltin (flat minted or convex minted; with closed or open crown; with a portrait inside the inscription; equals to the current 25 kopecks);
- a dime;
- hryvnia.
Copper coins (1705 year):
- dengue (with the inscription "всея России самодержець");
- denga (with the inscription "всея России повелитель");
- 1 penny;
- Polushk (with the inscription "всея России самодержець" and "всея России повелитель").
Coin Tokens (1705):
- ford sign (with a wide beard and a large crown);
- ford sign (with a narrow beard and a small crown).
History bug
An interesting copy was presented at the auction "Coins and medals." Here you could see a rare exhibit - the ruble of 1705. On the melted copy, an error was made in the designation of the new date, which is quite a rare stamp.
Collectors have shown unprecedented interest with this coin. They estimated the historical “mistake” at one and a half million rubles. For comparison: the usual ruble of the same period was sold for 400,000 rubles.

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