300th Anniversary of the Monetary Reform of Peter I

Obverse

in the centre – the Emblem of the Bank of Russia [the two-headed eagle with wings down, lower – the semicircular inscription – «БАНК РОССИИ» (BANK OF RUSSIA)] framed by a circle of dots and inscriptions along the rim: at the top – «ТРИ РУБЛЯ» (THREE RUBLES), at the bottom – the year of issue «2004», the letters to the left indicate the metal sign and the fineness, to the right – the fine metal content and the mint trade mark.

Reverse

the inscription along the rim: «300-ЛЕТИЕ ДЕНЕЖНОЙ РЕФОРМЫ ПЕТРА ПЕРВОГО» (300TH ANNIVERSARY OF THE MONETARY REFORM OF PETER THE FIRST), at the bottom – a monogram compiled of the Latin letter «P» repeated in the glassy reflection. In the centre of the disc, on the matted silver surface – a non-through gold insert reproducing the relief images of the Kopeck of the 1704 year of issue: to the left, on its reverse – a horseman holding a spear, lower – the indication of the metal sign, the fineness:«Au 900» and the fine metal content: «1,55», the inscription along the rim: «ЦАРЬ И ВЕЛИКИЙ КН(Я)ЗЬ ПЕТР АЛЕКСЕЕВИЧ» (TSAR AND GREAT PRINCE PETER ALEXEYEVICH); to the right, on its obverse – the inscription in two lines «КОПЕЙКА» (KOPECK) and the date «1704» denoted with Slavic letters, the inscription along the rim: «ВСЕЯ РУСИ САМОДЕРЖЕЦ» (AUTOCRAT OF ALL RUSSIA).

Authors

The artiat: A.V. Baklanov.
The Sculptor: I.S. Komshilov.
St. Peterburg Mint (СПМД).
The edge: 300 corrugations.

The reform of Peter I, carried out in 1698-1704, removed Russian monetary system to be numbered among the most advanced one in Europe. It provided convenient means of payment by way of silverand copper coins the nominal prices of which were based on decimal system.