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Lot of 20 Venetian Silver Grossi, 1193 - 1471, F - VF, Clipped
When the Venetian grosso (plural Grossi) was first introduced under doge Enrico Dandolo in 1193, it weighed 2.18 grams of 98.5% silver, and was valued at 26 dinarii. Its name is from the same root as groschen and the English groat, all derived from the denaro grosso. Its value was allowed to float relative to other Venetian coins until it was pegged to 4 soldini in 1332. In 1332, 1 grosso was the equivalent of 4 soldini, or 48 dinarii. From 1340 to 1370, the increased price of silver forced most doges to stop issuing grossi, and the others to issue only a few. When Doge Andrea Contarini resumed production of grossi their weight began to fall and continued falling until Cristoforo Moro struck the last Venetian grossi with a weight of 0.45 grams.LT79656. Silver Lot, Lot of 20 Venice, Italy, silver grosso, F - VF, clipped, possibly some imitatives, unattributed, no flips or tags, bulk lot; as-is, no returns; SOLD
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