page_title: Red złoty
section_title: Mint and value
hierarchical_section_title: Red złoty / Mint and value
caption_attribution_description: Polski: Dukat powstańczy 1831. Odmiana z kropką za pochodnią. Awers. autor: mzopw
context_page_description: Red złoty refers to circulating gold coins minted in the Kingdom of Poland from 1526 to 1831. Whereas złoty " gold" could simply refer to the colour, czerwony specified the material as gold.
context_section_description: The red złoty was minted at 3.5 grams of gold. There was also a silver złoty, worth 23.1 grams of silver. In 1526 a monetary scale was introduced in which 1 złoty = 5 szóstaków (sixpences) = 10 trojaków (threepences) = 30 groszy (groschen) = 90 szelągów (shillings) = 180 ternarów/trzeciaków (ternarii) = 540 denarów (denarii).
  The value of one red złoty in terms of accounting złotys increased in time, while at the same time the amount of silver found in the grosz decreased. for example, in the 16th century the red złoty's value rose from the initial 30 grosze to almost twice that in just a few decades; in the mid-17th century it was worth six accounting Polish złoty (180 groszy), while in late 18th century, one red złoty was worth about 18 Polish accounting złoty (or 540 groszy).
caption: The last red złoty, the "insurgent ducat" of 1831
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