1 Ducat - Vladislav I Type IIIb2

Vladislav I — known as Vlaicu Vodă — minted these small silver ducats during a reign defined by careful political navigation between Hungary and the Ottoman frontier. The "ducat" designation is a misnomer inherited from regional terminology; the coins bear no metallurgical relationship to the Venetian gold standard. The MBR#22 var attribution signals die variation within a series that was almost certainly struck at a rudimentary Wallachian workshop rather than an established mint, which accounts for the inconsistencies collectors encounter across specimens of this type.