gold or silver coin used as a trade coin in Europe From Wikipedia, the free encyclopedia
A ducat is a gold coin that was used for trade in Europe until World War I. The first ducat was made in silver by Roger II of Sicily in 1140.[1] In 1284 the Republic of Venice started making the gold ducat which came to be widely used. The value of a ducat at the beginning of the 20th century was nine shillings and fourpence or a little more than four United States dollars.
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