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Parma Ducat

Italy

1545–1859

Reference data compiled from public catalogs

Estimated Melt Value

$485.89

Based on Gold spot price ($4,811.51/oz) · 90.0% purity · 3.49g

Updated 9:52 AM

Collector premium not included

Specifications

CountryItaly
Years Minted1545–1859
CompositionGold
Weight3.49 g
Diameter20.5 mm
ShapeRound

Design

Obverse

Features the portrait of the ruling Duke of Parma.

Reverse

Depicts the coat of arms or a religious symbol, such as a cross.

History & Notable Facts

The Parma Ducat's most striking feature was its depiction of the ruling duke on the obverse, a practice that made each coin a miniature billboard for Parma's ever-shifting alliances and ambitions. This wasn't just art; it was propaganda in gold, reflecting the Farnese family's grip on power from 1545 onward.

Weighing around 3.5 grams of nearly pure gold, these ducats were struck in various designs over three centuries, adapting to the whims of successive dukes and the occasional French occupation. Some issues reused dies from earlier coins, a cost-saving measure that blurred the lines between eras. Mintage figures? Spotty at best—many records vanished during the Napoleonic wars.

If you're hunting for one, expect variations in quality; later strikes under Austrian influence were often less refined. And yes, the myth that these coins funded operas is just that—a myth. Collectors might quip that Parma's ducats were the quiet cousins of Venetian ones, but they held their own in trade.

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