The Genoese colony of Chios was seized by the Ottoman Empire in 1566, but the decade captured here — the 1477–1487 issues under the Giustiniani lordship — came during an increasingly precarious tenure, with the Black Sea trade routes already disrupted by Ottoman expansion following the fall of Constantinople in 1453. The gigliato type itself derived from the Angevin coinage of Naples, spreading across the eastern Mediterranean as a broadly recognized trade denomination.
Schlumberger XV, 7 places this among the later Chiot issues, struck when the island's banking families were negotiating annual tribute payments to Constantinople just to maintain their commercial privileges.
The Genoese colony of Chios was seized by the Ottoman Empire in 1566, but the decade captured here — the 1477–1487 issues under the Giustiniani lordship — came during an increasingly precarious tenure, with the Black Sea trade routes already disrupted by Ottoman expansion following the fall of Constantinople in 1453. The gigliato type itself derived from the Angevin coinage of Naples, spreading across the eastern Mediterranean as a broadly recognized trade denomination.
Schlumberger XV, 7 places this among the later Chiot issues, struck when the island's banking families were negotiating annual tribute payments to Constantinople just to maintain their commercial privileges.