PART III.

[Footnote 3.1: The first silver ducat is believed to have been struck

in 1140 by Roger II., Norman king of Sicily; and ducats have been

struck constantly since the twelfth century, especially at Venice (see

_Merchant of Venice_). They have varied considerably both in weight and

fineness, and consequently in value, at different times and places.

Ducats have been struck in both gold and silver. The early Venetian

silver ducat was worth about five shillings. The name is said,

according to one account, to have been derived from the last word of

the Latin legend found on the earliest Venetian gold coins:--_Sit tibi,

Christe, datus, quem tu regis, ducatus_ (duchy); according to another

account it is taken from "_il ducato_," the name generally applied to

the duchy of Apulia.]

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