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Austrian gold ducat depicting Kaiser Franz-Josef, c. 1910. The ducat (/ ˈ d ʌ k ə t /) coin was used as a trade coin in Europe from the later Middle Ages to the 19th century. Its most familiar version, the gold ducat or sequin containing around 3.5 grams (0.11 troy ounces) of 98.6% fine gold, originated in Venice in 1284 and gained wide international acceptance over the centuries.
The tax was initially intended in 1590 as a temporary measure to replace the Spanish Armada, which had been lost in attacking England. The millones was voted by the Cortes of Castille in 1590 as a 6-year grant for 8 million ducats. It was originally levied on the cuatro especies of wine, meat, olive oil and vinegar. [2]
The first ducaton-type coin was the scudo known as the 'ducatone da soldi cento' (of 100 soldo), issued by Charles V, Holy Roman Emperor, in Milan in 1551.Ducatones were produced in greater numbers in numerous Italian states through the 17th century, spreading to other parts of the Spanish Empire, including Burgundy and the Netherlands - in 1618 the ducaton was produced in Brabant and Tournai ...
The ducat was the main currency of the Kingdom of the Two Sicilies between 1816 and 1860. When the Congress of Vienna created the kingdom merging the Kingdom of Naples and the Kingdom of Sicily, the ducat became at par a continuation of the Neapolitan ducat and the Sicilian piastra issued prior to 1816, although the Sicilian piastra had been subdivided into 240 grana.
The Spanish found gold, indigo and cochineal as well as the slaves, worth a total of 500,000 ducats, some of the accumulated booty from the English raids. [12] Rather than destroy the defenses, as instructed, Díaz Pimienta left a small garrison of 150 men to hold the island and prevent occupation by the Dutch. [10]
As the Spanish escudo succeeded the heavier gold excelente (or ducado, ducat; 3.1 g vs 3.48 g fine gold) as the standard Spanish gold coin, the doubloon therefore succeeded the doble excelente or double-ducat denomination. In modern times, the doubloon is remembered due in large part to the influence of historical fiction about piracy. [4]
A ducat is a Middle Ages European trade coin. Ducat may also refer to: Ducat (surname) Ducat, Ohio, US, an unincorporated community; DUCAT, an internet service provider in Kazakhstan; Ducat Auction House, founded by Leonid Komskyi; Ducats, an in-game internet currency for Playchess; Orokin Ducats, an in-game currency in Warframe
The second escudo was the currency of Spain between 1864 and 1869. It was subdivided into 100 céntimos de escudo. The escudo replaced the real at a rate of 10 reales = 1 escudo. It was itself replaced by the peseta, at a rate of 2 + 1 ⁄ 2 pesetas = 1 escudo, when Spain joined the Latin Monetary Union. The later silver escudo was worth one ...