Watch List notes:

RUSSIA, Empire. Pavl I Petrovich. 1796-1801. CU 5 Kopeks (46.5mm, 46.97 g, 12h). Special re-overstrike of a 1796 "Cipher" issue 10 kopecks of Ekaterina II Velikaya (the Great). Ekaterinburg mint. Dated 1793 EM. Crowned script IЄ II monogram; date across field; all within laurel and palm wreath / Crowned double-headed imperial eagle facing with wings displayed, holding scepter and orb, coat-of-arms of Moskva framed by Order of St. Andrei Первозванного (the First Called) on breast; crown above; E м flanking tail. Edge: cross hatched. Diakov 734; Bitkin 101; Uzdenikov 2858; Brekke 10. Good VF, brown surfaces. Overstruck on a 1796 "Cipher" issue 10 kopeks of Ekaterina II Velikaya (the Great).