Italy has a long history of different coinage types, and that history spans thousands of years. The Italian coinage has been immensely influential: the florin, one of the most used coinage types in European history, was struck in Florence from 1252 to 1523 with no significant change in its design or metal content standard. As many Florentine banks had branches across Europe, the florin quickly became the dominant trade coin of Western Europe for large scale transactions.