Lot 739
Italian States -- Tuscany, Livorno. Tollero, 1704. Dav-1498; KM-16.5; CNI-75; Galeotti-45/5; Ravegnani-M. 15. 27.16 grams. Cosimo III di Medici, 1670-1723. Radiate-crowned and cuirassed bust right. Reverse: View of the harbor of Livorno, showing the fortress, harbor, and lighthouse in the foreground. Exceptional strike, with only minimal weakness to the hair. Choice, crisp details, and ample original luster. Lightly toned a sumptuous original silvery gray with hues of iridescence. NGC graded MS-63.
In 1421 the Republic of Florence bought the city of Livorno, establishing for itself a coastal outlet, and thus maritime access. The rise and the fortunes of the city soon become inextricably intertwined with those of the Medici family, long one of the most important families in Florence, and by extension Tuscany. The Medicis would eventually transform the Republic of Florence into a Ducal State ruled by their hereditary succession until the 18th century. In fact, developing the commercial potential of Livorno became a pet project of the Medicis. In 1571 Cosimo I started the construction of the Porto Mediceo. Planned as an "ideal town" for the 16th century, it was characterized by regular layout, with the districts overlaid with the Medicean canals, which are still navigable today. The port is overlooked by towers and fortresses, with easy road access to the town center. These images are portrayed here.
Estimated Value $3,000 - 3,500.
Illustrated in Money of The World, coin 113.
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| Realized $4,830 |
