Macerata 1798 5 baiocchi
This type is listed for 1797-98 only and was struck in Macerata. The French invasion of 1796 disrupted the delicate economic balance of the Papal States and destroyed the value of the paper currency which funded it. Hard money went into hiding and the pope was forced to issue a series of copper emergency money, including this type, which substituted for the silver mezzo grosso. Temporary branch mints were opened to produce more. Macerata issued this five baiocchi and a billon sixty baiocchi, both scarce. After 1830, five quattrini = one baiocco; 100 baiocchi = one scudo. In 1866, the currency was reformed to use centesimi and lire in order to match that of the surrounding kingdom of Italy. In 1870, the Papal States were occupied and annexed by the kingdom of Italy and coinage ceased until 1929.
Recorded mintage: unknown but scarce.
Specification: 40 g, copper.
Catalog reference: KM 1, Ber-3115.
- Berman, Allen G., Papal Coins, South Salem, NY: Attic Books, 1991.
- Gigante, Fabio, Gigante 2016: Catalogo Nazionale delle Monete Italiano Dal '700 All'Euro, 24a ed. Varese, Italy, 2015.
- Montenegro, Eupremio, Montenegro 2015: Manuale del Collezionista di Monete Italiane, 30 ed., Torino, Italy: Montenegro s.a.s., 2014.
- Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
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- Matelica 1797 5 baiocchi
- Montalto 1797 5 baiocchi
- San Severino 1797 5 baiocchi
- Spoleto 1797 5 baiocchi
- Fermo 1798 1/2 baiocco
- Ronciglione (1798-99) baiocco
- Ascoli (1798-99) 2 baiocchi
- Roman Republic (1798-99) 2 baiocchi
- Coins and currency dated 1798
- return to coins of the Papal States