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1 Follaro Autonomous coinage

Issuer Dulcigno, City of
Year 1300-1399
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Value 1 Follaro
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Obverse lettering ·M·-·DE·DVLC-IG-ŊO
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Reverse script Latin
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Additional information

Dulcigno — known today as Ulcinj in Montenegro — maintained a degree of municipal autonomy through much of the 14th century, squeezed between Ragusan commercial dominance and Serbian expansion under the Nemanjić dynasty. This follaro belongs to that narrow window of self-issued coinage before Venetian annexation in 1405 extinguished the city's independent mint entirely.

Dobrinić's attribution places this among the earliest documented examples of autonomous Adriatic-Dalmatian civic copper coinage.