Silver kopeck of Ivan IV Vassilijevitch as Tsar (1547-1584) - better known as "Ivan the Terrible", PS mintmark, Pskov mint, Russia (Grishin #77)

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Horseman advancing right, holding a spear, letters "ΠC" below / Inscription in 5 lines "TSAR I / VELIKIY/KNYAZ IB/AN VSEYA/RUSY" ("Tsar and Grand Duke Ivan of all Russia"). 15mmx11mm, 0.66 grams. Pskov mint (listed in Novgorod in some references).  Grishin #77 (as Novgorod mint); Russian Wire Coins #77.

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