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Austria 1 Ducat. A Small, Low Premium Gold Coin with Ancient Roots. The Ducat became a popular World trade coin under the use of the Venetians, who first .The ducat /ˈdʌkət/ was a gold or silver coin used as a trade coin in Europe from the later S(anctus) M(arcus) VENET(I) DVX MICAEL STEN, Christ standing among stars in oval frame. SIT T[ibi] XPE (Christe) DAT[us] Q[uem] T[u] REGIS ISTE .
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The Dutch Coinage Act first included ducats on 4 August 1586. They are still featured in it today as trade coins. The ducat is a gold coin which originally came .BODY. INTRODUCTION. In the second half of the thirteenth century two important gold coins were introduced in Italy, the florin of Florence (1252) and the ducat .