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2 Doppie - Philip III

Issuer Duchy of Milan (Milan, Italian States)
Year 1610-1617 (1598-1621)
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Reference(s) MB#213, Fr#720, KM#23
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Obverse script Latin
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Reverse description Quartered coat of arms of the Spanish Habsburgs as Dukes of Milan, displayed on a baroque cartouche shield surmounted by a ducal crown with acanthus scroll ornaments and flanked by elaborate foliate mantling. The four quarters bear the eagle of the Empire, the Visconti biscione (serpent devouring a child), and other heraldic charges associated with Milanese sovereignty. The circumferential Latin legend MEDIOLANI DVX ETC encircles the design within a beaded border, proclaiming Philip III as Duke of Milan and further titles.
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Additional information

Philip III inherited Milan as part of the Spanish Crown's sprawling Italian holdings, but the duchy's mint operated with considerable local autonomy in producing prestige gold coinage. The 2 Doppie denomination — essentially four ducats' worth of gold — was never a workhorse of commerce. These were struck for ceremonial distribution, diplomatic gifts, and the kind of elite transactions that moved between courts rather than markets.

Milan under Philip III was garrisoned Spanish territory, its mint answerable ultimately to Madrid. The 1610–1617 window likely reflects a specific assayer's tenure or a die series rather than any policy shift from the crown.

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