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1 Follaro Type 3
| Issuer | Ragusa, Republic of |
|---|---|
| Year | 1452-1612 |
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| Composition | Copper |
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| Reverse lettering | CIVITAS RACVSII (Translation: City of Ragusa) |
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| Mintage | ND (1452-1612) |
| Additional information |
The Ragusan follaro circulated within one of medieval Europe's most carefully managed small-state economies. Ragusa — present-day Dubrovnik — maintained independence through an elaborate system of diplomatic neutrality, paying tribute simultaneously to the Ottoman Empire and, at times, acknowledging Aragonese suzerainty, a balancing act that kept its mint active long after neighboring Dalmatian cities had lost their monetary autonomy entirely. This particular type spans a hundred and sixty years of continuous issue, an unusually long run even for a stable republic.
Copper small change of this kind was frequently restruck over worn predecessors, which accounts for the off-center or doubled-die surfaces commonly observed on survivors.