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1 Ducato
| Issuer | Ragusa, Republic of |
|---|---|
| Year | 1722-1797 |
| Type | Log in to see details |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Technique | Milled |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | TUIS・A・DEO・AVSPICIIS |
| Reverse description | The elaborate crowned coat of arms of the Republic of Ragusa occupies the central field, consisting of a quartered shield with horizontal bands and castellated lower sections, surmounted by a large ornate crown and flanked by richly ornamented baroque cartouche scrollwork. The circumferential Latin legend DUCAT·REIP·RHAGVSINE encircles the composition, separated by a pellet, within a beaded or rope border. |
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| Additional information |
Ragusa — modern Dubrovnik — maintained its independence for centuries through a policy of calculated neutrality, paying tribute to the Ottoman Empire while simultaneously maintaining trade privileges with Catholic Europe. The ducato was the backbone of that commercial diplomacy. This issue's unusually debased silver content (.566 fine) reflects not monetary crisis but deliberate policy: Ragusan authorities kept the coin's intrinsic value low enough to discourage melting while ensuring it circulated freely across the Adriatic trade network.
The Republic's mint ceased operations permanently in 1803, six years after French pressure effectively ended Ragusan sovereignty in 1797. Napoleon formally abolished the Republic that year.