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| Issuer | Duchy of Milan |
|---|---|
| Year | 1462-1466 |
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| Value | 1 Ducat (3) |
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| Obverse description | Right-facing bust of Francesco I Sforza, depicted in high relief in the late medieval portrait style characteristic of Milanese ducal coinage. The duke is shown wearing a laurel wreath and armored pauldron, with fine detailing on the gorget visible at the neck. The effigy is boldly rendered within a beaded inner circle, occupying the full central field of the flan. The surrounding circumscription reads FRANCISCVS SFORTIA VIC in uncial Latin lettering, referencing the duke's claim to the Visconti succession. |
|---|---|
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| Obverse lettering | FRANCISChVS SFORtIA VIC` (Translation: Francis Sforza Visconti) |
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| Additional information |
Francesco I Sforza seized Milan in 1450 after a mercenary career that made him the most formidable condottiere in northern Italy, and his gold ducato was a deliberate assertion of legitimacy — issued to circulate alongside Venetian ducats and Florentine florins at a moment when acceptance in international trade depended entirely on a coin's reputation, not its issuer's legal standing. The Visconti dynasty he displaced had ruled for over a century, and Sforza's right to the duchy rested on marriage to an illegitimate Visconti heir, a claim most of Europe found convenient to accept once the money was good.
The narrow four-year window of this specific issue, per MIR MI#171/1, reflects ongoing adjustments to Sforza's monetary administration in the early 1460s.