Catalog
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| Issuer | Republic of Ragusa |
|---|---|
| Year | 1738-1748 |
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| Orientation | Medal alignment ↑↑ |
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|---|---|
| Obverse script | Latin |
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| Reverse description | Elaborately rendered crowned coat of arms of the Republic of Ragusa occupying the central field, depicting the city's fortifications and heraldic devices within an ornate Baroque cartouche with acanthus scrollwork and foliate mantling. The shield is surmounted by a crown with decorative flourishes. A circular Latin legend with the date appears around the periphery, separated by pellets, within a milled border. |
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| Additional information |
Ragusa — the small merchant republic on the Dalmatian coast — maintained formal Ottoman suzerainty while trading aggressively with every power in Europe, a diplomatic tightrope that kept it independent for centuries. The Thaler-weight Stari Vižlin ("old bearded one," a colloquial name derived from the figure on the coin) circulated not merely in Ragusan commerce but throughout the western Balkans, where Ottoman trade networks made heavy silver pieces the only reliable medium for large transactions.
The decade of this issue coincides with Ragusa's careful neutrality during the War of Austrian Succession, during which the republic quietly profited from both sides.