Florentine Silver Grosso
OriginFlorence
First Minted1200s
MaterialSilver
TypeCoin
About Florentine Silver Grosso
The silver grosso of Florence was an important trade coin. Featured a lily on one side and Saint John the Baptist on the other. The grosso was worth 12 denari. Florence maintained a bimetallic system with the gold florin for large transactions and the grosso for everyday trade. The Florentine grosso was imitated throughout Tuscany. The coin demonstrates the sophistication of medieval Italian banking.
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