Papal lira

Papal lira
	lira pontificia (Italian)
Denominations
Subunit
1/20	soldo
1/100	centesimo
Symbol	₤
Nickname	franc
Coins	c.1, s.½, ; s.1, s.2, s.4, s.5, s.10 ; ₤1, ₤2, ₤2½, ₤5
Rarely used	₤10, ₤20, ₤50, ₤100
Demographics
Official user(s)	Papal States
Unofficial user(s)	France; Italy; Switzerland; Belgium; Monaco; Andorra
Issuance
Mint	Rome Mint
Valuation
Pegged by	French franc
	This infobox shows the latest status before this currency was rendered obsolete.

The Papal lira was the currency of the Papal States between 1866 and 1870.

History

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 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 silver, with 9/10 of purity) and the new lira (5 grams of silver, with 9/10 of purity).[1] 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 subdivided into 100 cents (Italian: centesimo) and, differently from the other currencies of the union, into 20 shillings (Italian: soldo). However, all denomination in shillings had an equivalence in cents.

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.

References

(in Italian)

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

External links

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[1] (in Italian)

Currencies named pound or similar
Current	Pound sterling Alderney pound Falkland Islands pound Gibraltar pound Guernsey pound Jersey pound Manx pound Saint Helena pound Egyptian pound Lebanese pound South Sudanese pound Sudanese pound Syrian pound Turkish lira
Local alternative currency	Bristol pound Brixton pound Lewes pound Stroud pound Totnes pound
Defunct	AM-Lira Anglo-Saxon pound Australian pound Bahamian pound Bermudian pound Biafran pound British West African pound Canadian pound Connecticut pound Cypriot pound Delaware pound Fijian pound French livre (Livre parisis • Livre tournois) French colonial livre (Guadeloupe livre • Haitian livre • New France livre • Saint Lucia livre) Gambian pound Georgia pound Ghanaian pound Irish pound Israeli pound Italian lira Jamaican pound Japanese government-issued Oceanian Pound Libyan pound Lombardo-Venetian pound Luccan pound Luxembourgish livre Malawian pound Maltese pound Maltese lira Maryland pound Massachusetts pound New Brunswick pound New Guinean pound New Hampshire pound New Jersey pound New York pound New Zealand pound Newfoundland pound Nigerian pound North Carolina pound Nova Scotian pound Oceanian pound Ottoman lira Palestine pound Papal lira Parman lira Pennsylvania pound Pound Scots Prince Edward Island pound Rhode Island pound Rhodesian pound Rhodesia and Nyasaland pound Sammarinese lira Sardinian lira Solomon Islands pound South Carolina pound Southern Rhodesian pound South African pound South African Republic pound South West African pound Tongan pound Tuscan pound Vatican lira Virginia pound West Indian pound Western Samoan pound Zambian pound
See also	Dinar Pound sign Troy pound

Papal lira

History

Coins

See also

References

External links