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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.
Gold Ducats of Domenico Cattaneo. Both sieges were prolonged until Cattaneo's lieutenant in charge in Phocaea reached a compromise for the siege to be lifted in exchange for the return of the hostages and surrender of Mytilene. Cattaneo reneged on this agreement and Mytilene was retaken only after his Latin mercenaries were bribed in 1336. [12]
The members of the Venetian Company transported their goods almost exclusively by land and sold the goods they bought in Venice, such as spices, sugar, brazilwood, alum and incense, on the markets of Flanders, England, the Holy Roman Empire and Scandinavia. In return, amber prayer wreaths, cloth and furs were brought to Venice.
Although there is no information about coinage in what was the Duchy of Venice (a semi-independent entity within the Byzantine Empire from which the Republic of Venice originated), ancient historians such as Andrea Dandolo and Marin Sanudo mention that the privilege of coinage was given to Venice by the kings of Italy Rudolph II (in 921) and Berengar II (in 950); however, it is more likely ...
The Venetian Senate helped Nicholas' wife with initial donation of 15 ducats and monthly payments of 5 ducats, which was the biggest donation granted to some refugee family from Shkodër. [25] After the Ottomans captured Scutari Nicholas joined his family in Venice. The descendants of Rajko Moneta who took refuge in Venice lived in poverty. [26]
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 Venetian state then resold the salt at a profit - a form of Salt tax - to markets throughout Italy, Dalmatia, Slovenia, and the Stato da mar. Venice had a salt monopoly for many of these markets. The Salt Office collected 165,000 ducats net of costs in 1464, or around 15% of the entire income of the Venetian state. [17]
The Byzantine economy had declined so much that by 1343, Empress Anna of Savoy had to pawn the Byzantine crown jewels for 30,000 Venetian ducats, which was the equivalent of 60,000 hyperpyra. [51] In 1348, Constantinople had an annual revenue of 30,000 hyperpyra while across the Golden Horn in the Genoese colony of Galata , the annual revenue ...
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