Horseman advancing right holding a tilted spear, PIH mintmark in exergue /Inscription in 5 lines: "TSAR I VELIKIY KNYAZ VASILIY IVANOVICH VSEYA RUSI" ("Tsar and Grand Duke Vasiliy Ivanovich of All Russia"). 11mmx13mm, 0.52 grams. Novgorod mint, minted 1611-1615. Griszin #325. Grishin #325.
The Swedes occupied Novgorod between 1611 and 1617. There, the Swedes minted coins in the name of Vasiliy Shuiksi, even though he was no longer a Russian Tsar (he was deposed and exiled in 1610).
Vasili IV of Russia (22 September 1552 12 September 1612) was Tsar of Russia between 1606 and 1610 after the murder of False Dmitriy I. His reign fell during the Time of Troubles. He was the only member of House of Shuysky to become Tsar and the last member of the Rurikid dynasty to rule.