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Crazia - Cosimo I

Issuer Duchy of Florence
Year 1537-1557
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Currency Fiorino (1115-1532)
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Obverse lettering •COS •M •R
• F •DVX •II •
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Mintage ND (1537-1557)
Additional information

Cosimo I inherited Florence at seventeen following the assassination of Alessandro de' Medici, and the crazia was among the small-denomination billon issues he reformed as part of consolidating ducal monetary authority in the early years of his reign. The denomination itself — derived from "grazia," a grace — was a workhorse of everyday Florentine commerce, handled by the sort of people who never touched a gold florin.

The MIR FI#136 attribution places this squarely in the pre-1557 emission, before Cosimo's later monetary reorganizations following his military consolidation of Siena.

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