The ''michaelaton'' ( el, , "coin of Michael"), in

Latin Latin (, or , ) is a classical language belonging to the Italic languages, Italic branch of the Indo-European languages. Latin was originally a dialect spoken in the lower Tiber area (then known as Latium) around present-day Rome, but through ...

''michaelatus'', was the colloquial name given to the gold

Byzantine The Byzantine Empire, also referred to as the Eastern Roman Empire or Byzantium, was the continuation of the Roman Empire primarily in its eastern provinces during Late Antiquity and the Middle Ages, when its capital city was Constantinopl ...

coins ('' nomismata'') struck by any emperor called Michael. In a more technical sense, it refers to the gold '' histamena'' issued by Emperor

Michael IV the Paphlagonian Michael IV the Paphlagonian ( el, , ''Mikhaēl ho Paphlagōn''; c. 1010 – 10 December 1041) was Byzantine Emperor from 11 April 1034 to his death on 10 December 1041. The son of a peasant, Michael worked as a money changer until he was fou ...

(r. 1034–1041) and, in sources of the late 11th and the 12th centuries, for those of Emperor

Michael VII Doukas Michael VII Doukas or Ducas ( gr, Μιχαήλ Δούκας), nicknamed Parapinakes ( gr, Παραπινάκης, lit. "minus a quarter", with reference to the devaluation of the Byzantine currency under his rule), was the senior Byzantine e ...

(r. 1071–1078), whose gold coinage was the last to retain a reasonably high amount of gold (16 carats) before the massive debasement that followed under his successors. It was in widespread use in

Italy Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical ...

, especially the south, because it was virtually equal to the popular Sicilian ''

tarì A tarì (from Arabic طري ''ṭarī'', lit. "fresh" or "newly minted money") was the Christian designation of a type of gold coin of Islamic origin minted in Sicily, Malta and Southern Italy from about 913 to the 13th century. History In ...

''.

Sources

* {{Byzantine coinage Gold coins Coins of the Byzantine Empire Currencies of Italy Numismatic terminology