Silver kopeck of Ivan IV the Terrible (1547-1584), GR, Pskov, Russia (Grishin #79)

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Horseman advancing right, holding a spear, letters "ΓP" below / Inscription in 5 lines "TSAR I / VELIKIY/KNYAZ IB/AN VSEYA/RUSY" ("Tsar and Grand Duke Ivan of all Russia"). 14.5mmx12.5mm, 0.64 grams. Pskov mint.  Griszin #79; Russian Wire Coins #79.

This is a full kopeck (not a denga). The coin was minted in Pskov in or slightly after 1547.