In August 1199, at the Rialto in Venice, a man named Zaccaria Stagnario declared before witnesses that he had received 300 pounds of Venetian pennies from another man, Giovanni Agadi. Stagnario would carry the money aboard a ship sailing in convoy to Constantinople, the greatest city in the Christian world, and do business there “and in any other place that seems good to me.” By the following Easter he was to return, or send the goods back with a reliable man. Within thirty days of arriving in Venice, he would hand Agadi the full 300 pounds, together with three parts of whatever profit God had given them, “with just and truthful account and without any fraud.” He would keep the remaining fourth for himself.