The grosso of Venice (plural Grossi) is a silver coin first introduced in Venice in 1194 by Enrico Dandolo. The Most Serene Republic of Venice ((Serenìsima Repùblica Vèneta or Repùblica de Venesia Serenissima Repubblica Enrico Dandolo (also Anglicised Henry Dandolo or in Latin Henricus Dandulus, 1107? &ndash June 21 1205) was the Doge It originally weighed 2. 18 grams and was composed of 98. 5% pure silver, valued at 26 dinarii. Its name is from the same root as groschen and the English groat, all deriving ultimately from the denaro grosso or large penny. Groschen (Grossus Groschen grossone groš grosz garas гроші, грош grosh, gros грош was the (sometimes colloquial name for a Coin
Its value was allowed to float relative to other Venetian coins until it was pegged to 4 soldini in 1332, incidentally the year the soldino was introduced.
In 1332, 1 grosso = 4 soldini = 48 dinarii.
References
- Robbert, Louise Buenger (1974). "Reorganization of the Venetian Coinage by Doge Enrico Dandolo". Speculum, Vol. 49, No. 1 49: 48–60. doi:. A digital object identifier ( DOI) is a permanent identifier given to an Electronic document.
- Stahl, Alan M (2000). Zecca the mint of Venice in the Middle Ages. American Numismatic Society. ; NetLibrary, Inc. . ISBN 080187694X 9780801876943.