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Franz Joseph I Commemorative Coins
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FIRST RUBLE

– The original ruble of the Russian Tsar Alexei Mikhailovich in the catalog of V. I. Petrov (1900) is estimated at 300 rubles.
Of course, the cost of extremely rare items of numismatics is a very relative concept. Petrov understood this very well, pointing to every page of his catalog: “Prices are not obligatory”.
A numismatist is usually interested not so much in the specific cost of a relatively rare numismatic item, as in its historical significance.
From this point of view, the ruble of Alexei Mikhailovich is of double value: both as a great rarity and as a new milestone in the history of Russian money circulation.
Until Alexei Mikhailovich, the ruble as a collectively notable concept united 100 silver kopecks. Of the large silver coins in Russia, Western European thalers, which were popularly called “efimki”, were in circulation.
Aleksei Mikhailovich tried to combine the first attempt at minting a large monetary unit in the form of a ruble with the release of a large number of copper coins. But, apparently, the “word of the sovereign” turned out to be insufficient for a revolution in the economy.
If the thaler cost 64 kopecks, no replay could give it a bargaining price of 100 silver kopecks.
It became so obvious that a year after the issue of the ruble, it actually came close to the value of the efimkas.
The ruble of Alexei Mikhailovich was minted in 1654.
According to I. G. Spassky, the minting of this ruble hardly exceeded 6000 copies, and most of them were subsequently withdrawn from circulation. In the catalog “Talers in the Russian Money Circulation of 1654-1659” IG Spassky described only 34 copies, which were known on the day of the publication of the catalog in 1960 in private collections and public meetings around the world. Isn’t it true, with such a number of copies, the assessment of V. I. Petrov seems quite arbitrary?
The image on Alexei Mikhailovich Rublevik was traditional for Russian coins: a galloping horseman in a royal cap and a fluttering long top dress, the sleeve of which falls on the rump of the horse. On the shoulder of the rider’s scepter. In contrast to the images of the Western European rulers, it is deployed in front. The reins in his right hand are clamped with the scepter.
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Some collectors formed the opinion that the image on the ruble is irrelevant to the royal persona and is simply an established state form of monetary branding. The basis for this opinion is the content of the letter of commander voivode Bunakov sent to him by Alexei Mikhailovich on April 8, 1657: “By Our Decree ruble ruble notes were made … above the headline: summer 7162, and at the foot the signature ruble. ” Proponents of referring the rider to the traditional form of branding believe that, if it were about the image of the king, this would be directly mentioned in Literacy without reference to the abstract “man on a horse.” This is not entirely true! The presence of the sovereign signs: scepter, royal cap – no doubt indicates that the ruble person is depicted on the ruble. Another thing is that the established monetary tradition for many decades carried this sovereign rider from coin to coin.
At the same time, it should be noted that the image of the “tsar on horseback” is not a direct depiction of person Alexei Mikhailovich.
The legend of the ruble reflects one of the most remarkable events in the life of Russia. For the first time in Russian money circulation, the title of Russian tsar appears in the following outline: “… the great sovereign, tsar and grand duke Alexei Mikhailovich of all the Great and Maly Russia”. The ruble of Alexei Mikhailovich is the same age and the first monument to the reunification of Ukraine and Russia. The new title of the Russian tsar on the coins sent to the first salary of the Cossack army of Bogdan Khmelnitsky played a big propaganda role and had an important political significance.
This was all the more so since Western European thalers were in circulation on the territory of Ukraine, which opposed the Russian ruble with the depiction of the Russian tsar.
On the back of the ruble was depicted a double-headed eagle framed in curls, the date of issue of the coin according to the timekeeping in Russia at the time — from the creation of the world – 7162 year (according to the modern calendar 1654), as well as an indication of the coin’s worth – the ruble.
The royal decrees on the release of the new silver ruble prudently did not mention its weight and ligature.
Efimki treasury got no more than 50 silver kopecks. In circulation, they were 64 kopecks. The new ruble coinage was put on these same yefimki without melting them, and the coin was sent into circulation at the price of 100 kopecks.
Thus, the weight of the new ruble was the weight of efimka – 640 shares – 62/3 of the spool.

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