346, Lot: 625. Estimate $200. Sold for $425. This amount does not include the buyer’s fee.

ITALY, Venezia (Venice). Michele Steno. 1400-1413. AV Ducato (20mm, 3.32 g, 1h). St. Marco standing right, receiving banner from doge kneeling left / Christ the Redeemer standing facing within mandorla filled with nine stars. Papadopoli 1; Paolucci 1; Friedberg 1230. VF.

A standard and readily-recognized form of currency for over 400 years, the Venetian Ducato served as a principle unit of trade throughout the late medieval and early modern Mediterranean. So widespread was its use that numerous imitations of it were produced, further facilitating its trade and establishing its stature as a cornerstone of the regional economy