Milanese scudo

Thescudowas the currency ofMilanuntil 1806. It was subdivided into 6lire,each of 20soldior 240denari.

History

The Milanese scudo and lira were then replaced in 1806 by theItalian liraof theNapoleonic Kingdom of Italy.Its exchange rate of 27 Milanese lire = 4.5 Milanese scudi = 20.723 Italian lire (each of 4.5 g fine silver) implied a fine silver content of 20.723 g for the scudo.^[1]

From 1814 to 1866, however, this new currency was supplanted by theLombardo-Venetian liraof theAustro-Hungarian Empire,which was based on the AustrianConventionsthaler.Use of this currency ended only after theKingdom of Lombardy–Venetiawas dissolved in 1866, in favor of solely theItalian lira.

Coins

In the late 18th century, silver coins circulated in denominations of 5 soldi, ½, 1 and 1½ lire, ½ and 1 scudo. Gold coins were also struck in denominations of 1zecchino,½ and 1sovrano,and 1doppia.The Cispadane Republic issued gold 20 lire coins, whilst the Cisalpine Republic issued silver 30 soldi and 1 scudo coins.

References

^Kelly, Patrick (1821)."The Universal Cambist, and Commercial Instructor: Being a Full and Accurate Treatise on the Exchanges, Monies, Weights and Measures of All Trading Nations and Their Colonies; with an Account of Their Banks, Public Funds, and Paper Currencies".

Krause, Chester L.; Clifford Mishler (1978).Standard Catalog of World Coins:1979 Edition.Colin R. Bruce II (senior editor) (5th ed.). Krause Publications.ISBN 0873410203.

[1] Kelly, Patrick (1821)."The Universal Cambist, and Commercial Instructor: Being a Full and Accurate Treatise on the Exchanges, Monies, Weights and Measures of All Trading Nations and Their Colonies; with an Account of Their Banks, Public Funds, and Paper Currencies".

[1]

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History

Coins

See also

References