Image: Wikimedia Commons · Shakko · CC BY-SA 3.0
Ivan III Denga
Russia
1462–1505
Reference data compiled from public catalogs
Market Price Range
Based on 9 eBay listings · Prices vary by grade and condition
Estimated Melt Value
$1.57
Based on Silver spot price ($79.69/oz) · 90.0% purity · 0.68g
Updated 11:56 AM
Collector premium not included
Specifications
| Country | Russia |
| Years Minted | 1462–1505 |
| Composition | Silver |
| Weight | 0.68 g |
| Diameter | 14 mm |
| Shape | Round |
| Edge | Plain |
Design
Obverse
Depicts a horseman, likely representing the Grand Prince Ivan III.
Reverse
Features an inscription with the prince's title and possibly a cross or value indicator.
History & Notable Facts
The most intriguing thing about the Ivan III Denga is how it served as a building block for Russia's monetary system, with its silver content helping to enforce economic reforms in a fractious realm. Weighing around 0.5 grams and struck in Moscow, this coin was part of Ivan's push to centralize control, using designs that featured simple crosses or the prince's monogram to assert authority. It's a neat example of how a tiny piece of metal could influence politics.
Mintage figures are murky; records from that era were spotty at best, and much was likely lost to fires or invasions. What we do know is that the denga was hammered by hand, leading to variations in shape and purity that frustrate modern graders. You'd think after 500 years, we'd have it all figured out, but some mysteries persist.
As for myths, let's skip the nonsense about cursed coins. This one was just currency, plain and simple.
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