Yemrot's Blog

09 May 2015

The Rise of the Gold Coins of the Italian City-States

Medieval Coins | Yemrot

Florence produced one of the more notable coins of the time, the gold (and later silver)florin.The florin became an international currency at the time (1252). It was valued really around the world for its pure gold composition and artistic designs. It appeared at the right time as well because previously the Byzantinesoliduswas the currency of intentional trade. The Byzantine Empire was stalled at the time between the Fourth Crusade and the Reconquest of Constantinople. Other Italian City-States, such as Genoa, Pisa and Siena tried to mint the same quality coin however it was clear the florin was the preferred currency. In 1284, Venice produced another similar gold coin, theducat.In the years to follow many of the Italian City-State would produce their own version of florins and ducats but the ones issued from Florence and Venice remained of the highest standard and international renown.

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