Michele Steno served as Doge from 1400 to 1413, a tenure that coincided with Venice's consolidation of its terraferma holdings and sustained pressure from Ottoman expansion in the eastern Aegean. The grosso by this period had already been debased and reduced from the original denomination Enrico Dandolo's mint introduced in the late twelfth century — what began as a 2.18g fine silver coin had shed both weight and fineness across two centuries of monetary adjustment.
Michele Steno served as Doge from 1400 to 1413, a tenure that coincided with Venice's consolidation of its terraferma holdings and sustained pressure from Ottoman expansion in the eastern Aegean. The grosso by this period had already been debased and reduced from the original denomination Enrico Dandolo's mint introduced in the late twelfth century — what began as a 2.18g fine silver coin had shed both weight and fineness across two centuries of monetary adjustment.