Papal States 1853-R scudo d'oro Fr-275
"ITALIE, ETATS PONTIFICAUX, Pie IX (1846-1878), (Giovanni Maria Mastai-Ferretti), AV scudo d'oro, 1853, an 8, Rome. Petit module. Superbe. (Italy, Papal States, Pius IX (1846-78), gold scudo of 1853, Rome mint, small diameter, extremely fine.)"This type is listed for 1853-57 from Rome and Bologna and was struck simultaneously with a silver scudo. 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.
Recorded mintage: 209,000.
Catalog reference: Munt., 7; Berman-3307; Fr-275, KM 1358.
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