Papal States 1856-B 50 baiocchi

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Künker sale 293, lot 82
This type, struck 1850-57 at Rome and Bologna, is not listed as rare but seldom turns up. 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 scudo. After 1832, all the medieval coins were dropped except for the baiocco and the scudo. This fifty baiocchi was half a scudo and was equivalent to a half dollar. It replaced the mezzo scudo, last coined in 1829. 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. This specimen was lot 82 in Künker sale 293 (Osnabruck, Germany, July 2017), where it sold for €220 (about US$293 including buyer's fees). The catalog description[1] noted,
"ITALIEN, KIRCHENSTAAT/VATIKAN. Pius IX. 1846-1878. 50 Baiocchi (1/2 Scudo) ANNO X/1856, B, Bologna. Vorzüglich. (Papal States, Pius IX, 1846-78, fifty baiocchi of 1856, year 10, Bologna mint. Extremely fine.)"

Recorded mintage: unknown.

Specification: 13.43 g, .900 fine silver, .388 troy oz ASW.

Catalog reference: KM 1357, Pagani 275, Ber-3310.

Source:

  • 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.
  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
  • [1]Künker Münzauktionen und Goldhandel, Katalog 293: Münzen aus Mittelalter und Neuzeit u. a. die westfälischen Privatsammlungen Werner Bröker und Bernd Terletzki, Osnabrück: Fritz Rudolf Künker GmbH & Co., AG, 2017.

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