1 Zecchino - Maria Theresa

Milan's zecchino coinage under Maria Theresa was a deliberate political act as much as a monetary one. When Habsburg administration tightened its grip on Lombardy through the Gubernium reforms of the 1750s and 60s, maintaining a prestigious gold issue in the Venetian zecchino tradition signaled continuity of commercial credibility to the merchants who actually used it — particularly those trading across the Po Valley into the Serenissima's own territory.

KM#191 represents one of the later Milan strikes before Joseph II's rationalizing monetary reforms swept away much of the Italian Habsburg coinage infrastructure following Maria Theresa's death in 1780.