In the 12th century, the republic of Venice built a large shipyard, now known as the Venetian Arsenal. Building new and powerful fleets, the republic took control over parts of the eastern Mediterranean. The Venetians gained extensive trading privileges in the Byzantine Empire, and their ships often provided the Empire with a navy. The Republic of Venice's maritime and overseas possessions, including Istria, Dalmatia, Albania, Negroponte, the Morea, the Duchy of the Archipelago, and the islands of Crete and Cyprus were part of the Stato da Màr. It was one of the three subdivisions of the Republic of Venice's possessions, the other two being the Dogado (Venice proper), and the Domini di Terraferma in northern Italy.
Numista referee for coins of this issuer is Tomas530.
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