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How was “patronage” actually transferred in Medici Florence?

How was “patronage” actually transferred in Medici Florence?

The Medicis commissioned art and patronized artists. By what mechanism was this achieved? Did someone literally just hand a bag of florins to an artist? I'm interested in the whole process, from asking for the work through to, I guess, estimates of cost, then actual transfer of funds/material/?

I'm looking for the physical method of fund transfer. As an example, at work today I might submit a request to purchasing or an expense claim. What was the equivalent and how exactly did it get paid out?