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150 Kuna Dubrovnik Carrack / Argosy

Issuer Hrvatska narodna banka (Croatian National Bank)
Year 2007
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Value 150 Kuna (150 HRK)
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Obverse script Latin
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Reverse description The reverse presents a finely detailed, realistic engraving of a Dubrovnik carrack (karaka) under full sail, depicted in three-quarter starboard view navigating stylized open seas rendered with dynamic wave relief. The vessel features multiple masts with billowing lateen and square sails, a prominent forecastle and sterncastle, and a small flag at the mainmast top, faithfully evoking the great merchant ships of the 15th to 17th centuries. The curved legend 'DUBROVAČKA KARAKA XV-XVII S.' arcs along the upper periphery of the field. The year '2007.' is inscribed in the lower right field, while the artist's monogram 'MP' appears in the lower left field. The composition reflects a refined engraving style combining historical accuracy with numismatic artistry.
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Additional information

The kuna denomination takes its name from the marten pelt used as a unit of value in medieval Croatian trade — a monetary tradition that predates coinage in the region by centuries. Dubrovnik's carracks, the large merchant vessels that made the city-state's fortune, were so dominant in Mediterranean and Atlantic trade by the 15th century that the English word "argosy" derives directly from "Ragusa," the city's Italian name. Shakespeare used the term; so did insurance underwriters in London who had never seen the Adriatic.

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