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Florentine Gold Florin
The Florentine gold florin (fiorino d'oro), a standard gold coin minted from 1252 weighing about 3.…
Timeline
- 1252–1300Florence · FlorenceThe Republic of Florence established the florin gold coin standard, winning merchants' trust with stable fineness and uniform weight, and it quickly circulated throughout the Mediterranean trading world.
- 1301–1500Mediterranean-European trade network · ItalyThe florin became the benchmark currency for international exchange and bulk commodity trade; Florentine bankers issued bills of exchange denominated in florins, supporting the wool trade and financial networks.
- 1431–1440Florence · FlorenceUnder Medici dominance, the florin was closely integrated with the system of bank bills of exchange, becoming the standard medium of payment for Florentine wool exports, art commissions, and cross-border credit.
- 1501–1533Florence · FlorenceCompeting gold coins such as the Venetian ducat rose, Florence's political and economic fortunes declined, and the florin's status as an international currency gradually gave way to emerging minting centers.
Sources
- Money and Banking in Medieval and Renaissance Venice — Frederic C. Lane and Reinhold C. Mueller (1985)
- A History of Money: From Ancient Times to the Present Day — Glyn Davies (2002)