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Grosso - First Republic

Issuer Milan, Duchy of
Year 1250-1310
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Value 1 Grosso (1⁄60)
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Reverse script Latin (uncial)
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Edge Plain
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Additional information

Milan's grosso emerged during the long stretch of communal government before the Visconti consolidation of power in 1310 — the terminus of this type's production. The city was among the wealthiest in northern Italy during this period, its wool and textile trade demanding a reliable silver-content coin capable of settling wholesale transactions that smaller denari could not handle efficiently.

Billon rather than fine silver marks a compromise that reflects Milan's monetary pragmatics more than any shortage — CNI V catalogues notable die variation across this sixty-year span.

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