29F. Ducat Coin, Sigismund Bathory, Principality of Transylvania, 1586, struck in Cluj, gold
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29F. Ducat Coin, Sigismund Bathory, Principality of Transylvania, 1586, struck in Cluj, gold
Starting price:
EUR 600
Sold
EUR 1.800
gold, d=22 mm
Sigismund Bathory was the prince of Transylvania between 1581 and 1597, being an important leader of the region in the 16th century. During this period, Transylvania was an autonomous principality under Ottoman suzerainty, its internal politics influenced by conflicts in Central and Eastern Europe.
The issuance of the Ducat coin reflects the internal stability of the principality and the desire to assert itself economically and politically in front of neighboring empires (The Habsburg Empire, The Ottoman Empire, The Kingdom of Poland). The Ducat was a high-value coin, used for significant payments and for international trade. The Ducat-type coins issued in Transylvania had a high economic value and were often accepted in trade throughout Central and Eastern Europe.
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