Ducat of Sigismund the Elder [20]

Ducat of Sigismund the Elder

Subject: History of Polish Coin
Face value: 20 pln
Alloy: 925/1000 Ag
Diameter: 38.61 mm
Weight: 28.28 g
Finish: proof
Mintage: 20000 pcs
On the edge: smooth
Additional: selective gilding
Date of issue: 2016-06-14
Issue price: 190 pln


Designer: Dominika Karpińska-Kopiec


Designer: Dominika Karpińska-Kopiec

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Article linked with this coin

The ducat of Sigismund the Elder

Sigismund the Elder’s reign (1506–1548) marks the beginning of a new era in the history of Polish money. The epoch of late medieval coins, based on the half-grosz, was over, and the era of modern money began. It was then that a complete monetary system was born. It was based on the złoty, a unit of account which was equal to 30 real grosz. There were also multiples of the grosz, namely the trojak (three grosz) and the szóstak (six grosz), as well as smaller denominations – the półgroszek (half-grosz), denarius and ternar (worth three denarii).

The appearance of coins also changed. Gothic letters in inscriptions were replaced by what was referred to as Latin letters. Truly Renaissance-style, realistic portraits of the king appeared, and ...

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