ITALY, Papale (Stato pontificio). Paul II. 1464-1471. AV Ducato (22mm, 3.46 g, 4h). Rome mint. Papal coat-of-arms within quadrilobe / St. Peter, holding key and Gospels, and St. Paul, holding sword and Gospels, standing facing. Cf. Grierson, Coins of Medieval Europe 405 (for similar ducato); cf. CNI XV, 16-27; MIR 404/1; Muntoni 16; Berman 401; Friedberg 19 (Vatican). Lightly toned. Good VF.
From the Richard A. Jourdan Collection of Medieval European Coins. Ex Classical Numismatic Group 105 (10 May 2015), lot 1134.
The Ducato papale - depicting St. Peter and St. Paul, was the standard design adopted by the papacy for its gold coinage. According to Grierson (p.185) 'Portraiture, as in the commercial republics, was first avoided, perhaps because the majesty of the papal office was thought to transcend the person of the individual pope'. With exception of a portrait issue by Sixtus IV this tradition continued until the early sixteenth century.