Papal States (1555-59) giulio
This specimen was lot 35012 in Ponterio sale 177 (Chicago, August 2013), where it sold for $155. The catalog description noted, "ITALY. Papal States. Giulio, ND. Rome Mint. Paul IV (1555-59). Slightly wavy flan. Attractive and toned. EXTREMELY FINE. From the Demarete Collection." The early coinage of the Papal States used an antique monetary system. Five quattrini = one baiocco; 5 baiocchi = 1 grosso; 6 grossi = 4 carlini = 3 paoli = 1 testone; 10 testone = 1 doppia; 100 baiocchi = 1 scudi. 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. To Paul IV, this was far in the future; he was busy combatting Lutheranism and emperor Charles V.
Recorded mintage: unknown.
Specification: 3.20 g, .920 fine silver.
Catalog reference: Berman-1040.
- Berman, Allen G., Papal Coins, South Salem, NY: Attic Books, 1991.
- Ponterio, Richard, Ponterio sale 177: The August 2013 Chicago ANA Auction, World Coins, Irvine, CA: Stack's Bowers, LLC, 2013.
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