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Horseman advancing right, holding a spear, "C/MH" below the horse / Inscription in 4 lines "TSAR I VELIKI KNYAZ IVAN VSEYA RUSY" ("Tsar and Grand Duke Ivan of all Russia"). 13mmx11mm, 0.70 grams. Pskov mint. Griszin #93; Russian Wire Coins #93.
This is a full kopeck (not a denga) The coin was minted in Pskov around 1540 when Ivan was still just a Grand Duke and not a Tsar.
Ivan the Terrible, also known as Ivan IV, was the first Tsar of Russia and ruled from 1547 to 1584. His reign marked a turning point in Russian history, as he centralized royal power and transformed Russia from a medieval state into a large, multiethnic empire. Early in his rule, Ivan was a reformer, modernizing the government and military. However, after the death of his beloved wife Anastasia, his behavior became increasingly erratic and violent. He established the Oprichnina, a brutal secret police force that carried out mass executions and purges of the nobility. Ivan is infamous for his tyranny, including the tragic killing of his own son in a fit of rage. Despite his cruelty, he played a crucial role in shaping the Russian state and expanding its territory significantly.
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