The term 'Former European Coin' refers to two coins that were used in Europe in the past, the ducat and the pistole. The ducat was a gold coin that was first minted in Venice in 1284 and was widely used throughout Europe until the early 20th century. The pistole was a silver coin that was first minted in France in 1641 and was used in many parts of Europe until the 19th century. Both coins were widely accepted as currency and were used for trade and commerce.