horseman with saber, the mint engraver's mark: "М" under the galloping horse, and the circular legend engraved in old cyrillic letters reads: ".КНZЬ.ВЕЛIKI.IВАНЬ.ВАСIЛЬЕВIЧЬ" ("Knyaz velikiy Ivan Vasilyevich" - "Grand Prince Ivan Vasilievich"), circular dotted line / Four-line legend engraved in old cyrillic letters reads: "MASTER ALEKSANDRO" ("Master Alexandro"). 14.5mmx9m, 0.32 grams. Moscow mint. Garost #15.

The identity of the "Master Alexandro" is not known, but it is likely that he was an Italian craftsman invited to Russia by Ivan III. He was the moneyer or the person paying for the production of this issue.

Ivan III Vasilievich (Russian: Иван III Васильевич) (22 January 1440, Moscow 27 October 1505, Moscow), was a Grand Prince of Moscow and "Grand Prince of all Rus" (Великий князь всея Руси). Sometimes referred to as the "gatherer of the Russian lands", he tripled the territory of his state, ended the dominance of the Golden Horde over the Rus, renovated the Moscow Kremlin, and laid the foundations of the Russian state. He was one of the longest-reigning Russian rulers in history.