Roma Numismatics Ltd
The GK Collection Part II 24 Mar 2023
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Russia, Empire (Integration of Estonia and Livonia). Elizabeth AR 4 Kopeck. Red mint, 1757. • ✿ • MONETA • ✿, crowned double-headed eagle facing, holding sceptre and orb; crown above / LIVOESTHONICA • (date), Estonian and Livonian shields tied together by ribbon; denomination below. Bitkin 641. 0.86g, 16mm, 12h.
Good Very Fine. Very Rare.
From the GK Collection (France) of Russian Coins.
The regions of Estonia and Livonia, after their conquest by the Russian Empire from the Swedes, were encouraged to adopt their new overlord's currency, but instead continued to use the Thaler-based system from before their annexation. To keep them supplied with such coinage, Russia began to mint the 'Livonese' which was to all extents equal to the Thaler. The difficulty of transporting the coins to this area, and the flawed calculations that meant the Livonese was made to be equal to 96 Kopeck, when it should have been 109, meant that the run of Livonese coins was short-lived, and so foreign coins dominated the Estonian and Livonian markets until their banning in 1846.
Good Very Fine. Very Rare.
From the GK Collection (France) of Russian Coins.
The regions of Estonia and Livonia, after their conquest by the Russian Empire from the Swedes, were encouraged to adopt their new overlord's currency, but instead continued to use the Thaler-based system from before their annexation. To keep them supplied with such coinage, Russia began to mint the 'Livonese' which was to all extents equal to the Thaler. The difficulty of transporting the coins to this area, and the flawed calculations that meant the Livonese was made to be equal to 96 Kopeck, when it should have been 109, meant that the run of Livonese coins was short-lived, and so foreign coins dominated the Estonian and Livonian markets until their banning in 1846.