Old European coin (5)

I believe the answer is:

ducat

'old european coin' is the definition.
(historical type of coin)

This is the entire clue.

(Other definitions for ducat that I've seen before include "Former Eur. gold coin" , "Coin once used" , "Money no longer" , "Cut Da out an old coin" , "Ancient coin" .)

I've seen this clue in The Guardian.

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