Papal States 1842-R 10 scudi
This coin was minted in Rome, then part of the Papal States, in 1842. This specimen was lot 579 in the Eliasberg sale, where it sold for $2,070. The catalog description noted, "1842 (R) 10 scudi. Rome mint. MS-63 (NGC). Types as above. Bright yellow gold with strong lustre and reflective surfaces, faint hairlines both sides. From the John H. Clapp Collection; Clapp estate to Louis E. Eliasberg, Sr., 1942."
This type was struck in Rome 1835-45. The bust is of Gregory XVI. The early coinage of the Papal States used an antique monetary system. Five quattrini = one baiocco; 5 baiocchi = one grosso; 6 grossi = 4 carlini = 3 paoli = one testone; 10 testone = 1 doppia; 100 baiocchi = 1 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.
Specification: 17.33 g, .900 fine gold, .501 troy oz AGW; this specimen: 17.35 grams, 28.20 mm diameter.
Catalog reference: KM 1108, Fr-263, Berman-3281, Montoni-1n.
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