Scudo (coin)
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Scudo (coin)
The ''scudo'' (pl. ''scudi'') was the name for a number of coins used in various states in the Italian peninsula until the 19th century. The name, like that of the French écu and the Spanish and Portuguese escudo, was derived from the Latin ''scutum'' ("shield"). From the 16th century,Klütz: ''Münznamen...'' the name was used in Italy for large silver coins. Sizes varied depending on the issuing country. The first ''scudo d'argento'' (silver shield) was issued in 1551 by Charles V (1519–1556) in Milan. Under Maria Theresa and Joseph II the ''scudo d'argento'' had a weight of 23.10 g and a fineness of 896/1000. In the Kingdom of Lombardy–Venetia (under the control of the Habsburg Austrian Empire), the Lombardy–Venetia scudo was equivalent to the Conventionsthaler and was subdivided into six '' lire''. Before the Napoleonic Wars, the lira was subdivided into 20 ''soldi'', each of 12 ''denari''. Later, the lira was made up of 100 ''centesimi''. When Austria-Hungary deci ...
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Italy Papal States 1689-I Quadrupla Scudo D'Oro
Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical region. Italy is also considered part of Western Europe, and shares land borders with France, Switzerland, Austria, Slovenia and the enclaved microstates of Vatican City and San Marino. It has a territorial exclave in Switzerland, Campione. Italy covers an area of , with a population of over 60 million. It is the third-most populous member state of the European Union, the sixth-most populous country in Europe, and the tenth-largest country in the continent by land area. Italy's capital and largest city is Rome. Italy was the native place of many civilizations such as the Italic peoples and the Etruscans, while due to its central geographic location in Southern Europe and the Mediterranean, the country has also historically been home ...
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Conventionsthaler
The ''Conventionstaler'' or ''Konventionstaler'' ("Convention ''thaler''"), was a standard silver coin in the Austrian Empire and the southern German states of the Holy Roman Empire from the mid-18th to early 19th-centuries. Its most famous example is the Maria Theresa thaler which is still minted today. The ''Conventionsgulden'' was equivalent to a ''Conventionsthaler''. History The Austrian Empire introduced the Convention currency standard in 1754 to replace the Leipzig standard of 1690, after a drop in the gold-silver price ratio from 15 to 14.5 in the 1730s unleashed a flood of cheaper ''thalers'' defined in gold. The Leipzig standard defined the North German thaler currency unit at the ''Reichsthaler'' specie of 25.984 g, or 19.488 g fine silver. In contrast, in 1741 the gold Friedrich d'or pistole of 6.05 g fine gold was issued for 5 ''thalers''. This resulted in a cheaper Thaler Gold worth 1.21 g fine gold or 1.21 x 14.5 = 17.545 g fine silver. The ''Conventionstha ...
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History Of Malta Under The Order Of Saint John
Hospitaller Malta, officially the Monastic State of the Order of Malta, and known within Maltese history as the Knights' Period ( mt, Żmien il-Kavallieri, "Time of the Knights"), was a polity which existed between 1530 and 1798 when the Mediterranean islands of Malta and Gozo were ruled by the Order of St. John of Jerusalem. It was formally a vassal state of the Kingdom of Sicily, and it came into being when Emperor Charles V granted the islands as well as the city of Tripoli in modern Libya to the Order, following the latter's loss of Rhodes in 1522. Hospitaller Tripoli was lost to the Ottoman Empire in 1551, but an Ottoman attempt to take Malta in 1565 failed. Following the 1565 siege, the Order decided to settle permanently in Malta and began to construct a new capital city, Valletta. For the next two centuries, Malta went through a Golden Age, characterized by a flourishing of the arts, architecture, and an overall improvement in Maltese society. In the mid-17th century ...
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Duchy Of Modena And Reggio
The Duchy of Modena and Reggio ( Emilian: ''Duchêt ed Mòdna e Rèz'', it, Ducato di Modena e Reggio, la, Ducatus Mutinae et Regii) was an Italian state created in 1452 located in Northwestern Italy, in the present day region of Emilia-Romagna. It was ruled since its establishment by the noble House of Este, and since 1814 by the Austria-Este branch of the family. The Este dynasty was a great sponsor of the arts, making the Duchy a cultural reference during the Renaissance and Baroque periods. House of Este In 1452 Emperor Frederick III offered the duchy to Borso d'Este, whose family had ruled the city of Modena and nearby Reggio Emilia for centuries. Borso in 1450 had also succeeded his brother as margrave in the adjacent Papal Duchy of Ferrara, where he received the ducal title in 1471. The Este lands on the southern border of the Holy Roman Empire with the Papal States formed a stabilizing buffer state in the interest of both. The first Este dukes ruled well and the ...
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Italian Lira
The lira (; plural lire) was the currency of Italy between 1861 and 2002. It was first introduced by the Napoleonic Kingdom of Italy in 1807 at par with the French franc, and was subsequently adopted by the different states that would eventually form the Kingdom of Italy in 1861. It was subdivided into 100 ''centesimi'' (singular: ''centesimo''), which means "hundredths" or "cents". The lira was also the currency of the Albanian Kingdom from 1941 to 1943. The term originates from ''libra'', the largest unit of the Carolingian monetary system used in Western Europe and elsewhere from the 8th to the 20th century. The Carolingian system is the origin of the French ''livre tournois'' (predecessor of the franc), the Italian lira, and the pound unit of sterling and related currencies. In 1999 the euro became Italy's unit of account and the lira became a national subunit of the euro at a rate of €1 = Lit. 1,936.27, before being replaced as cash in 2002. History Etymolog ...
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Papal States Lira
The lira was the currency of the Papal States between 1866 and 1870. History In 1866 Pope Pius IX, whose temporal domain had been reduced to only the province of Latium, decided to join the Latin Monetary Union. A new currency, the lira, was introduced with the same value of the French franc and the Italian lira. It replaced the scudo at a rate of 5.375lire = 1scudo : the rate was calculated thanks to the silver value of the old scudo (26.9grams of 0.900 fine silver) and the new lira (5grams of 0.900 fine silver). However, some time after joining the Union, the Pope's treasurer, Giacomo Antonelli, devalued the purity of the Papal silver coins from 900/1000 to 835/1000, (cited in (first degree thesis)) causing big problems for the Union, which later was forced to adopt the new standard. With the annexation of the Papal States to Italy in 1870, the Papal lira was replaced by the Italian lira at par. The lira was subdivided into 100 centesimi and, differently from the other cur ...
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Papal States Scudo
The Roman scudo (plural: ''scudi romani'') was the currency of the Papal States until 1866. It was subdivided into 100 baiocchi ( singular: ''baiocco''), each of 5 quattrini ( singular: ''quattrino''). Other denominations included the ''grosso'' of 5 baiocchi, the ''carlino'' of baiocchi, the ''giulio'' and ''paoli'' both of 10 baiocchi, the ''testone'' of 30 baiocchi and the ''doppia'' of 3 scudi. History In addition to issues for the Papal States as a whole, the currency was also issued by many of the individual municipalities. In the late 18th century, this included issues from Ancona, Ascoli, Bologna, Civitavecchia, Fano, Fermo, Foligno, Gubbio, Macerata, Matelica, Montalto, Pergola, Perugia, Ronciglione, San Severino, Spoleto, Terni, Tivoli and Viterbo. Uniquely in Bologna the baiocco, also known as the ''bolognino'', was subdivided into 6 quattrini. Between 1798 and 1799, the revolutionary French forces established the Roman Republic, which issued coins denominate ...
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Papal States
The Papal States ( ; it, Stato Pontificio, ), officially the State of the Church ( it, Stato della Chiesa, ; la, Status Ecclesiasticus;), were a series of territories in the Italian Peninsula under the direct sovereign rule of the pope from 756 until 1870. They were among the major states of Italy from the 8th century until the unification of Italy, between 1859 and 1870. The state had its origins in the rise of Christianity throughout Italy, and with it the rising influence of the Christian Church. By the mid-8th century, with the decline of the Byzantine Empire in Italy, the Papacy became effectively sovereign. Several Christian rulers, including the Frankish kings Charlemagne and Pepin the Short, further donated lands to be governed by the Church. During the Renaissance, the papal territory expanded greatly and the pope became one of Italy's most important secular rulers as well as the head of the Church. At their zenith, the Papal States covered most of the modern Ita ...
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Kreuzer
The Kreuzer (), in English usually kreutzer ( ), was a coin and unit of currency in the southern German states prior to the introduction of the German gold mark in 1871/73, and in Austria and Switzerland. After 1760 it was made of copper. In south Germany the ''kreuzer'' was typically worth 4 ''pfennigs'' and there were 60 ''kreuzers'' to a ''gulden''. Early history The ''kreuzer'' goes back to a '' groschen'' coin minted in Merano in South Tyrol in 1271 (the so-called ''Etscher Kreuzer''). Because of the double cross (German: ''Kreuz'') on the face of the coin, it was soon given the name ''Kreuzer''. It spread in the 15th and 16th centuries throughout the south of the German-speaking area. The Imperial Coinage Act of 1551 made them the unit for small silver coins. In 1559 a value of 60 ''kreuzer'' to 1 ''gulden'' had been adopted throughout the southern states of the Holy Roman Empire, but the northern German states declined to join, and used '' groschen'' instead of ''kreu ...
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Decimalisation
Decimalisation or decimalization (see spelling differences) is the conversion of a system of currency or of weights and measures to units related by powers of 10. Most countries have decimalised their currencies, converting them from non-decimal sub-units to a decimal system, with one basic currency unit and sub-units that are to a power of 10, most commonly 100, and exceptionally 1000; and sometimes at the same time changing the name of the currency or the conversion rate to the new currency. Today, only two countries have non-decimal currencies: Mauritania, where 1 ouguiya = 5 khoums, and Madagascar, where 1 ariary = 5 iraimbilanja. However, these are only theoretically non-decimal, as, in both cases, the value of the main unit is so low that the sub-units are too small to be of any practical use and coins of the sub-units are no longer used. Russia was the first country to convert to a decimal currency when it decimalised under Tsar Peter the Great in 1704, resulting in ...
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