Trade coin
Videos
Trade coins are coins minted by a government, but not necessarily legal tender within the territory of the issuing country. These quasi-bullion coins were thus actually export goods – that is, bullion
The Maria Theresa thaler from Austria is an example of a trade coin.
Ducat
Videos
The ducat coin was used as a trade coin in Europe from the later Middle Ages to the 19th century. Its most familiar version, the gold ducat or sequin containing around 3.5 grams of 98.6% fine gold, or
Trade coin
…also current in Prussia itself (although with a decreasing exchange rate against the silver Reichstaler, see bimetallism). The Hungarian and Dutch gold ducats, minted for centuries with a stable fineness, were esteemed trade coins. Other trade coins were the so-called silver trade dollars used by Mexico and…
Ferdinand III depicted on a 100 Hungarian Ducat (1629)
Austrian four ducats, c. 1915 (official restrike)
Netherlands, 1724 Gold ducat, Utrecht