The Travels Of Marco Polo - Volume 2 Of 2 By Marco Polo And Rustichello Of Pisa











































 - 

In estimating these Lire in modern English money, on the basis of
their relation to the ducat, we must reduce - Page 1057
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In Estimating These Lire In Modern English Money, On The Basis Of Their Relation To The Ducat, We Must Reduce The Apparent Value By 1/5.

We then have:

1. LIRA DEI GROSSI equivalent to nearly 3l. 15s. 0d. (therefore exceeding by nearly 10s. the value of the Pound sterling of the period, or Lira di Sterlini, as it was called in the appropriate Italian phrase).[9]

2. LIRA AI GROSSI ... 3s. 9d.

3. LIRA DEI PICCOLI ... 2s. 4d.

The TORNESE or TORNESEL at Venice was, according to Romanin (III. 343) = 4 Venice deniers: and if these are the deniers of the Lira ai Grossi, the coin would be worth a little less than 3/4d., and nearly the equivalent of the denier Tournois, from which it took its name.[10]

* * * * *

The term BEZANT is used by Polo always (I believe) as it is by Joinville, by Marino Sanudo, and by Pegolotti, for the Egyptian gold dinar, the intrinsic value of which varied somewhat, but can scarcely be taken at less than 10s. 6d. or 11s. (See Cathay, pp. 440-441; and see also J. As. ser. VI. tom. xi. pp. 506-507.) The exchange of Venice money for the Bezant or Dinar in the Levant varied a good deal (as is shown by examples in the passage in Cathay just cited), but is always in these examples a large fraction (1/6 up to 1/3) more than the Zecchin. Hence, when Joinville gives the equation of St. Lewis's ransom as 1,000,000 bezants or 500,000 livres, I should have supposed these to be livres Parisis rather than Tournois, as M. de Wailly prefers.

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