Rare poltina (half rouble) of 1704 belongs to the earliest series of modern silver issues under Peter the Great. Struck at the Kadashevsky Mint in Moscow, these coins played a central role in the tsar’s monetary reform, which aimed to align Russian coinage with Western European standards.
Peter’s reform (initiated at the turn of the 18th century) modernized Russia’s monetary system by introducing machine-struck coins with precise weight and fineness. The 1704 Poltina is one of the earliest silver denominations of this new system, minted in limited numbers and intended to facilitate trade both domestically and internationally.
Ex. GK Collection (France) of Russian Coins.
Ex. Sincona AG, Auction 42, 23 October 2017, lot 1006, hammer price 3.600 CHF.
NGC graded Clipped (6322206-002).
Hints of mint luster, overall great eye appeal.
An extraordinary and at the same time rare piece, boasting an attractive cabinet appearance.
Obverse: Bust of Tsar Peter I facing right, wearing a laurel wreath and armor, surrounded by a Cyrillic legend
Reverse: double headed imperial eagle with crowns, holding scepter and orb, legend in Cyrillic around
Diameter 33 mm, weight 12.76 g
