Book Chapter

An apparent paradox: wool as an alternative currency for merchants and weavers in Dubrovnik (Ragusa) in the 15th century

  • Nenad Fejic

This article examines the use of wool as an alternative currency in Dubrovnik in the first half of the 15th century. The actors of this practice were Catalan merchants who advanced wool to local weavers. In return, the weavers had to refund the credit by transforming the wool into fabrics. The quantity of fabrics returned was always greater than the quantity that could be produced from the wool received. This use of wool as an alternative currency corresponded to the mining prosperity in the Balkans. Silver, a precious metal, was exported by the Catalans, rather than being used to finance local wool production, which therefore had to resort to a local financing circuit, where wool, in the absence of silver currency, served as an alternative currency.

  • Keywords:
  • Dubrovnik,
  • Catalans,
  • wool,
  • silver,
  • currency,
  • ,
+ Show More

Nenad Fejic

University of the French West Indies and Guiana, France

  1. Battle-Gallart, Carmen. 1973. La crisis social y economica de Barcelona a mediados del siglo XV. Barcelona: CSIC-Departamento de Estudios Medievales.
  2. Bettarini, Francesco. 2012. La comunità pratese di Ragusa (1414-1434). Crisi economica e migrazioni colletive nel Tardo Medioevo. Firenze: Olschki.
  3. Bettarini, Francesco. 2012. “Mercanti fiorentinii ed artigiani pratesi a Ragusa (Dubrovnik).” In “Mercatura è arte”. Uomini d’affari Toscani in Europa e nel Mediterraneo Medievale, ed. Lorenzo Tanzini, and Sergiio Tognetti, 97-114, Roma: Viella.
  4. Bettarini, Francesco. 2016. “La giustizia mercantile nella Ragusa (Dubrovnik) basso medievale.” In Tribunali di mercanti e giustizia mercantile nel tardo Medioevo, ed. Elena Maccioni, and Sergio Tognetti, 29-50, Firenze: Olschki.
  5. Bettarini, Francesco, 2016 “I contratti di assunzione nella manufattura tessile ragusea.” Dubrovacki Anali 20: 53-59
  6. Carrère, Claude. 1967. Barcelone, centre économique à l’époque des difficultés 1380-1462, I-II : Paris-La Haye: Mouton.
  7. Cirkovic, Sima. 1981. “The production of gold, silver and copper in the central parts of the Balkans from the 13th to the 16th Century.” In Precious metals in the age of expansion, ed. Hermann Kellenbenz, 41-69. Stuttgart: Klett-Cotta.
  8. Cirkovic, Sima.1986. “Deux conjonctures dans l’industrie minière balkanique : XV-XVI siècles. » In Miniere e metallurgia secc. XIIIU-XVIII, Atti della settimana di studi in CD-rom, ed. Simonetta Cavaciocchi. Prato: Istituto Internazionale di Storia Economica “F. Datini”.
  9. Del Treppo, Mario. 1976. Els Mercaders Catalans i l’ expansio de la Corona Catalano-Aragones al segle XV. Barcelona: Curial.
  10. Fejic, Nenad. 1982-1983. “Dubrovcanin Benko Kotruljevic pred sudom kraljice Marije Aragonske u Barceloni.” Istorijski casopis, 29-30: 77.84.
  11. Fejic, Nenad. 1988. Spanci u Dubrovniku u srednjem veku. Beograd: Prosveta.
  12. Fejic, Nenad.1994. “Les Catalans à Dubrovnik et dans le bassin adriatique à la fin du Moyen Age,  Anuario de estudios medievales , 24 : 429-452.
  13. Fejic, Nenad, 1996. “Les Espagnols à Dubrovnik.” In Les immigrants et la ville, insertion, intégration, discrimination (XIIe-XXe siècles), ed. Denis Menjot, et Jean-Luc Pinol, 83-90. Paris: L’Harmattan.
  14. Krekic, Barisa. 1976. “I mercanti e produttori toscani di panni di lana a Dubrovnik (Ragusa) nella prima metà del Quattrocento.” In Produzione, commercio e consumo dei panni di lana nei secoli XII-XVIII, ed. Marco Spallanzani, 707-14. Firenze: Olschki.
  15. Krekic, Barisa. 1979. “Italian creditors in Dubrovnik (Ragusa) and the Balkan Trade, Thiteenth through Fifteenth centuries.” In The dawn of modern banking, 241-54. New Haven: Yale University Press.
  16. Pinelli, Paola. 2006. Il Carteggio Marcovaldi (1401-1437) nell’Archivio di Stato di Prato. Roma: Ministero per i beni culturali e ambientali.
  17. Pinelli, Paola. 2013. Tra argento, granni e panni. Piero Pantella, un operatore italiano nella Ragusa del primo Quattrocento. Firenze: Firenze University Press.
  18. Tadic, Jorjo. 1974. “Jugoslavia e Paesi Balcanici: produzione e esportazione di lana.” In La lana come materia prima. I fenomeni della produzione e circolazione nei secoli XIII-XVII, ed. Marco Spallanzani, 291-97. Firenze: Olschki.
  19. Vlajinac, Milan. 1968. Recnik nasih starih mera-u toku vekova. Beograd: Srpska akademija nauka i umetnosti.
  20. Voje, Ignacij. 1976. Kreditna trgovina u srednjovekovnom Dubrovniku. Sarajevo : Akademija nauka i umjetnosti Bosne i Hercegovine.
PDF
  • Publication Year: 2024
  • Pages: 325-336
  • Content License: CC BY 4.0
  • © 2024 Author(s)

XML
  • Publication Year: 2024
  • Content License: CC BY 4.0
  • © 2024 Author(s)

Chapter Information

Chapter Title

An apparent paradox: wool as an alternative currency for merchants and weavers in Dubrovnik (Ragusa) in the 15th century

Authors

Nenad Fejic

Language

English

DOI

10.36253/979-12-215-0347-0.20

Peer Reviewed

Publication Year

2024

Copyright Information

© 2024 Author(s)

Content License

CC BY 4.0

Metadata License

CC0 1.0

Bibliographic Information

Book Title

Mezzi di scambio non monetari. Merci e servizi come monete alternative nelle economie dei secoli XIII-XVIII / Alternative currencies. Commodities and services as exchange currencies in the monetarized economies of the 13th to 18th centuries

Editors

Angela Orlandi

Peer Reviewed

Number of Pages

592

Publication Year

2024

Copyright Information

© 2024 Author(s)

Content License

CC BY 4.0

Metadata License

CC0 1.0

Publisher Name

Firenze University Press

DOI

10.36253/979-12-215-0347-0

ISBN Print

979-12-215-0346-3

eISBN (pdf)

979-12-215-0347-0

eISBN (xml)

979-12-215-0348-7

Series Title

Datini Studies in Economic History

Series ISSN

2975-1241

Series E-ISSN

2975-1195

25

Fulltext
downloads

41

Views

Export Citation

1,310

Open Access Books

in the Catalogue

1,977

Book Chapters

3,390,281

Fulltext
downloads

4,172

Authors

from 873 Research Institutions

of 64 Nations

63

scientific boards

from 340 Research Institutions

of 43 Nations

1,157

Referees

from 344 Research Institutions

of 37 Nations