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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.
In Ceylon, the VOC issued coins during the 18th century in denominations of 1 ⁄ 8 and 1 duit, 1 ⁄ 4, 1, 2 and 4 + 3 ⁄ 4 stuiver and 1 rijksdaalder. The currency derived from the Dutch rijksdaalder, although again the Dutch rijksdaalder was worth 50 stuiver and the Ceylon version 48 stuiver .
1728: 20 kreutzer, 1 ⁄ 2 thaler, 1 thaler, 1 ducat and 10 ducats; 1758: 1 ⁄ 2 thaler, 1 thaler and 1 ducat; 1778: 1 ⁄ 2 thaler, 1 thaler and 1 ducat; The ducats were in minted in 986 gold, and all other coins were minted in 583 silver. All coins bore on the obverse side the right-facing bust of each prince and on the reverse side his arms.
The term daalder continued to refer to 1 1 ⁄ 2 gulden in currency even after the discontinuation of the 1 1 ⁄ 2 gulden or 30 stuiver piece in the 19th century. The rijksdaalder was also known as the silver ducat, which is still minted for collectors in the Netherlands today.
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]
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[1] The sequin or zechin ( / ˈ s iː k w ɪ n / ; Venetian and Italian : zecchino [dzekˈkiːno] ) is a gold coin minted by the Republic of Venice from the 13th century onwards. The design of the Venetian gold ducat , or zecchino , remained unchanged for over 500 years, from its introduction in 1284 to the takeover of Venice by Napoleon in 1797.
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