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Venetian Gold Ducat
The Venetian ducat (zecchino) was a high-purity gold coin minted by the Republic of Venice from the 13th century, serving as international hard curre…
Timeline
- 1284–1500Venetian Mint · VeniceFrom 1284 Venice used the zecchino gold coin to standardize high-value settlements across the Mediterranean; its stable fineness made it widely circulated in Levantine, Balkan, and Black Sea trade, becoming a symbol of the commercial city-state's credit and minting skill.
- c. 1541–1550Eastern Mediterranean–Levantine trade routes · LevantIn the 1540s Venice was both at war and at trade with the Ottoman Empire, and the ducat remained a highly trusted gold coin in Egypt, Syria, and Balkan ports; after Portugal opened the Cape route, Venetian gold coins still maintained an important share in exchanging for Indian Ocean goods via Red Sea transit.
Sources
- Money and Banking in Medieval and Renaissance Venice — Frederic C. Lane and Reinhold C. Mueller (1985)
- Venice: A Documentary History, 1450-1630 — Brian Pullan (1998)