 A similar coin, the genovino, began to be minted in Genoa, Italy.In 1284, Venice followed by example, these coins are known as ducats (from the 16th century they became known as the sequin), they first weighed a little more than florins, but shortly after became equal to them.Soon the name """ducat" was well established all over Europe as a synonym for a high-quality gold coin weighing about 3.5 grams.