This coin was minted in 1913 to commemorate the 300th anniversary of the Romanov dynasty. It depicts the first Romanov-tsar, Mihail Fjodorovits and the last russian emperor Nicholas II who actually wasn't a Romanov but a Holstein-Gottorp. There are two different versions of this coin, one with higher and one with lower relief. This one I believe is the low relief.
According to the Goldberg auctioneers this coins estimated value is between 250-350 US.
Composition: Silver 900/000
BC = Viktor Smirnov (1913-1917)
This was given to officials all over the Empire in 1913. The commemorative coin above was modeled after a commemorative medal for the Romanov Dynasty tercentennary.
Besides a few small dents clearly visible on the photo's the coin is in a good state.