Peter the Great is one of the most important people in Russian history. He was born on June 9th, 1672, in Moscow, Russia. His father was Tsar Alexis of Russia (1629-1676). When Tsar Alexis died in 1676, Peter’s older half-brother Fyodor III succeeded as Tsar and he ruled from 1676-1682. Fyodor III died without any children or direct successor. Family members from Fyodor’s mother’s side wanted to elect his brother Ivan V but, family from Peter’s side saw him as incapable of ruling and they preferred Peter as the successor. This created a power struggle and eventually Ivan V and Peter were both declared joint Tsar’s. Both ruled side by side until the death of Ivan V in 1696. From there on Peter became the sole ruler of Russia.

Portrait of Young Peter I | Source: Wikipedia

Peter the Great is credited with modernizing Russia through Westernization policies such as improving agriculture production; building new routes for transportation; founding banks; establishing new industries; and developing port cities like St Petersburg on the Baltic Sea coast which became Russia’s capital city in 1712 during Peter I’s reign. He also created schools for higher education such as St Petersburg State University. He built St Petersburg and made it into a powerful city that could compete with other European capitals. In 1721 Peter crowned himself as the first emperor of Russia.

Posthumous Portrait | Source: Wikipedia

Although he had no formal military training or experience, he was able to reform the Russian army and navy so they could fight, defend, and extend Russian territory. He even led his army in person. Russian victorious in battle made the annexation of Estonia, Latvia, and Finland possible. In addition, he also secured access to the black sea. Peter eventually died in 1725. His legacy is still visible in Russia today. The city of St Petersburg was built because of his vision, and he is known as one of the greatest rulers in Russian history. Because of this he is honored through various numismatics.

Russia 500 Rubles | 1997 | Source: Banknote World

The Russia 500 Rubles, 2010 is colored in violet and blue. Its obverse side contains the bank seal, Mark Antokolski’s statue of Peter the Great in Taganrog, and a sailing ship in the port of Arkhangelsk. Its reverse side shows the Solovetsky Monastery on the Solovetsky Islands in the White Sea. In addition the “Wire Money of PTG” coin box contains one silver kopek coin from the his reign. The coin is struck by using a piece of silver wire that was cut and smashed between dies. Its obverse side contains the name and title of Tsar Peter I in Cyrillic text. Its reverse side portrays St. George slaying a dragon.

Wire Money of Peter the Great | Source: Banknote World

Also the Russian Wire Money 1 Silver Kopek Coin was minted during the reign of the Czar from 1672-1725. Its obverse depicts the Czar’s name and his titles. The reverse shows an indistinct image of King George slaying a dragon.

Russia Wire Money 1 Silver Kopek Coin | Source: Banknote World



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