The first ruble of the St. Petersburg mint.
Minted in the year of its opening, which took place on August 27, 1724.
A distinctive and collector's prized"Sun Rouble". Its name comes from the ornament placed in the center of the Tsar's monogram - a glowing sun, with a cross, which is rarely seen as on the present coin.
A variety with the mint's letters СПБ under the bust. Depicting the Tsar with a large head and a cross above it.
A nice, natural coin in the patina of an old collection.
Silver, diameter 43.5 mm, weight 28.07 g.
The establishment of a mint in the new capital of the Russian empire, St. Petersburg, was an important step in the economic reforms of Peter I the Great. The goal was to provide a stable and unified currency for the growing empire and to become independent of foreign coin imports. The St. Petersburg mint quickly became one of the most important mints in Europe. It produced a wide range of coins, from gold ducats to copper kopecks.