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{{Short description|Former currency of the Papal States}}
{{Infobox Currency
{{Infobox currency
| currency_name_in_local = lira pontificia <small>([[Italian language|Italian]])</small>
| local_name = lira pontificia
| local_name_lang = it
| image_1 = Papal_States_20_Lire.png
| image_1 = Papal_States_20_Lire.png
| image_title_1 = 20 lire
| image_title_1 = 20 lire
| date_of_introduction = 1866
| using_countries = [[File:Flag of the Papal States (1808-1870).svg|20px|border]] [[Papal States]]| unofficial_users = {{flag|France}}<br>{{flagicon|Kingdom of Italy}} [[Italy]]<br>{{flag|Switzerland}}<br>{{flag|Belgium}}<br>{{flag|Monaco}}<br>{{flag|Andorra}}
| using_countries = [[File:Flag of the Papal States (1808-1870).svg|20px|border]] [[Papal States]]
| pegged_by = [[French franc]]
| unofficial_users = {{flagicon|France}} [[Fourth French Republic|France]]<br>{{flagicon|Kingdom of Italy}} [[Kingdom of Italy|Italy]]<br>{{flagicon|Switzerland}} [[Switzerland]]<br>{{flagicon|Belgium}} [[Belgium]]<br>{{flagicon|Monaco}} [[Monaco]]<br>{{flagicon|Andorra}} [[Andorra]]
| subunit_ratio_1 = 1/20
| subunit_name_1 = [[soldo]]
| pegged_with = [[French franc]]
| subunit_ratio_1 = {{frac|1|20}}
| subunit_ratio_2 = 1/100
| subunit_name_2 = [[centesimo]]
| subunit_name_1 = [[soldo]] (s.)
| subunit_ratio_2 = {{frac|1|100}}
| nickname = [[french franc|franc]]
| subunit_name_2 = [[centesimo]] (c.)
| symbol =
| nickname = [[franc]]
| used_coins = c.1, s.½, <br> s.1, s.2, s.4, s.5, s.10 <br> ₤1, ₤2, ₤2½, ₤5
| symbol = <!-- none -->
| rarely_used_coins = ₤10, ₤20, ₤50, ₤100
| used_coins = c.1, s.{{frac|1|2}}, <br> s.1, s.2, s.4, s.5, s.10 <br> L.1, L.2, L.{{frac|2|1|2}}, L.5
| mint = [[Papal Mint|Rome Mint]]
| rarely_used_coins = L.10, L.20, L.50, L.100
| obsolete_notice = Y
| mint = [[Papal Mint]]
| date_of_withdrawal = 1870
| obsolete = yes
}}
}}
The '''Papal lira''' was the currency of the [[Papal States]] between 1866 and 1870.
The '''lira''' was the currency of the [[Papal States]] between 1866 and 1870. It was subdivided into 20 ''soldi'', each of 5 ''centesimi''.


==History==
==History==
{{see also|History of coins in Italy}}
In 1866 [[Pope Pius IX]], whose temporal domain had been reduced to only the province of [[Latium]], decided to match its coinage to the [[Latin Monetary Union]]. The Papal States was never a formal member of that currency union, but this coinage was used in all of its neighboring countries.


In 1866 [[Pope Pius IX]], whose temporal domain had been reduced to only the province of [[Latium]], decided to join the [[Latin Monetary Union]]. A new currency, the lira, was introduced with the same value of the [[French franc]] and the [[Italian lira]]. It replaced the [[Roman scudo|scudo]] at a rate of 5.375 lire = 1 scudo : the rate was calculated thanks to the silver value of the old scudo (26.9 [[gram]]s of silver, with 9/10 of purity) and the new lira (5 [[gram]]s of silver, with 9/10 of purity).<ref>[http://www.tesionline.it/__PDF/9525/9525p.pdf] {{in lang|it}}</ref> However, the Pope's treasurer, [[Giacomo Antonelli]], devalued the purity of the Papal coins from 900/1000 to 835/1000, causing big problems for the Union, which later was forced to adopt the new standard. With the annexation of Rome to Italy in 1870, the Papal lira was replaced by the [[Italian lira]] at par.
The lira, was introduced with the same value of the [[French franc]] and the [[Italian lira]] replacing the [[Roman scudo|scudo]] at a rate of 5.375{{nbsp}}lire = 1{{nbsp}}scudo : the rate was calculated thanks to the silver value of the old scudo (26.9{{nbsp}}[[gram]]s of 0.900 fine silver{{cn|date=October 2022}}) and the new lira (5{{nbsp}}[[gram]]s of 0.900 fine silver). Silver denominations below 5 lire were 0.835 fine, according to the Latin Monetary Union standard. With the annexation of the [[Papal States]] to Italy in 1870, the Papal lira was replaced by the [[Italian lira]] at par.


The lira was subdivided into 100 [[cent (currency)|cents]] ([[Italian language|Italian]]: ''centesimo'') and, differently from the other currencies of the union, into 20 [[shilling]]s ([[Italian language|Italian]]: ''soldo''). However, all denomination in shillings had an equivalence in cents.
The lira was subdivided into 100 [[cent (currency)|centesimi]] and, differently from the other currencies of the union, into 20 [[shilling|soldi]]. However, all denomination in soldo had an equivalence in cents.


==Coins==
==Coins==


Copper coins were issued in denominations of 1 cent, ½, (=2.5 cents), 1 (=5 cents), 2 (=10 cents) and 4 (= 20 cents) shillings, with silver 5 (=25 cents) and 10 (=50 cents) shillings, 1, 2, 2½ and 5 lire, and gold 5, 10, 20, 50 and 100 lire.
Copper coins were issued in denominations of c.1, s.{{frac|1|2}}, (c.{{frac|2|1|2}}), s.1 (c.5), s.2 (c.10) and s.4 (c.20), with silver s.5 (c.25) and s.10 (c.50), 1, 2, {{frac|2|1|2}} and 5 lire, and gold 5, 10, 20, 50 and 100 lire.


==See also==
==See also==
{{Portal|Money}}
{{Portal|Money|Numismatics}}
* [[Vatican lira]]
* [[Vatican lira]]
* [[Vatican euro coins]]
* [[Vatican euro coins]]
* [[History of coins in Italy]]


==References==
==References==

{{Reflist}}
{{Reflist}}
{{refbegin}}
{{refbegin}}
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==External links==
==External links==


{{money-unit-stub}}
{{Italy-hist-stub}}
{{Lira}}
{{Lira}}
{{Historic Italian currency and coinage}}


[[Category:Franc]]
[[Category:Franc]]
[[Category:Modern obsolete currencies]]
[[Category:Modern obsolete currencies]]
[[Category:Papal States|Lira]]
[[Category:Papal States|Lira]]
[[Category:Currencies of Italy]]
[[Category:Obsolete Italian currencies]]
[[Category:Currencies of Vatican City]]
[[Category:Currencies of Vatican City]]
[[Category:1866 establishments in the Papal States]]
[[Category:1866 establishments in the Papal States]]
[[Category:1870 disestablishments in the Papal States]]
[[Category:1870 disestablishments in the Papal States]]
[[Category:19th-century economic history]]
[[Category:19th century in economic history]]


{{money-unit-stub}}
{{Italy-hist-stub}}

Latest revision as of 18:59, 25 June 2024

Papal lira
lira pontificia (Italian)
20 lire
Unit
Nicknamefranc
Denominations
Subunit
120soldo (s.)
1100centesimo (c.)
Coinsc.1, s.12,
s.1, s.2, s.4, s.5, s.10
L.1, L.2, L.2+12, L.5
 Rarely usedL.10, L.20, L.50, L.100
Demographics
Date of introduction1866
Date of withdrawal1870
Official user(s) Papal States
Unofficial user(s)France France
Kingdom of Italy Italy
Switzerland Switzerland
Belgium Belgium
Monaco Monaco
Andorra Andorra
Issuance
MintPapal Mint
Valuation
Pegged withFrench franc
This infobox shows the latest status before this currency was rendered obsolete.

The lira was the currency of the Papal States between 1866 and 1870. It was subdivided into 20 soldi, each of 5 centesimi.

History

[edit]

In 1866 Pope Pius IX, whose temporal domain had been reduced to only the province of Latium, decided to match its coinage to the Latin Monetary Union. The Papal States was never a formal member of that currency union, but this coinage was used in all of its neighboring countries.

The lira, was introduced with the same value of the French franc and the Italian lira replacing the scudo at a rate of 5.375 lire = 1 scudo : the rate was calculated thanks to the silver value of the old scudo (26.9 grams of 0.900 fine silver[citation needed]) and the new lira (5 grams of 0.900 fine silver). Silver denominations below 5 lire were 0.835 fine, according to the Latin Monetary Union standard. With the annexation of the Papal States to Italy in 1870, the Papal lira was replaced by the Italian lira at par.

The lira was subdivided into 100 centesimi and, differently from the other currencies of the union, into 20 soldi. However, all denomination in soldo had an equivalence in cents.

Coins

[edit]

Copper coins were issued in denominations of c.1, s.12, (c.2+12), s.1 (c.5), s.2 (c.10) and s.4 (c.20), with silver s.5 (c.25) and s.10 (c.50), 1, 2, 2+12 and 5 lire, and gold 5, 10, 20, 50 and 100 lire.

See also

[edit]

References

[edit]
  • Krause, Chester L.; Clifford Mishler (1991). Standard Catalog of World Coins: 1801–1991 (18th ed.). Krause Publications. ISBN 0873411501.
[edit]