ITALY. Venice. Lorenzo Celsi, 1361-1365. Ducato (Gold, 20 mm, 3.55 g, 12 h), 58th Doge. LAVR•CELSI / DVX / S•M•VENETI On the left, St. Mark standing right and presenting standard to the Doge, on the right, kneeling to left and grasping the standard with both hands. Rev. •SIT•T•XPE•DAT'•Q TV – REGIS•ISTE DVCAT' Christ standing facing within mandorla, with five stars on the right and four on the left. CNI 13 ff. Friedberg 1225. Gamberini 108. Paolucci 1. Sharply struck and most attractive. Tiny scuff, otherwise, good extremely fine.

On the obverse, the S of S.M. is recut over an original M.