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1 Scudo - Giovanni Bembo

Issuer Venice, Republic of
Year 1615-1617
Type Standard circulation coin
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Edge Plain
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Mintage ND (1615) CG - -
ND (1615-1617) - -
ND (1615-1617) - With inverted `A` for `V` -
ND (1616-1617) IM - -
Additional information

Giovanni Bembo served as Doge for barely two years before his death in March 1618, making his coinage among the shorter-lived issues of the late Republic. The scudo da 140 soldi — this denomination — had only been introduced a generation earlier as Venice struggled to compete with the large silver thalers flooding European trade routes from the Habsburg mines at Joachimstal and, later, Potosí. Venice needed a coin that could hold its own in Levantine commerce, where merchants weighed pieces rather than counted them.

The high fineness, .948, was not accidental — it was a deliberate policy of the Zecca to maintain a silver standard that Mediterranean trading partners trusted absolutely.

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