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History Of Coins In Italy
Italy has a long history of different coinage types, which spans thousands of years. Italy has been influential at a coinage point of view: the florin, one of the most used coinage types in European history, was struck in Florence in the 13th century. Since Italy has been for centuries divided into many city-states, they all had different coinage systems, but when the country became unified in 1861, the Italian lira came into place, and was used until 2002. Today, Italy uses the euro. History Ancient Rome and Ancient Greece Despite the fact that the first Italian coinage systems were used in the Magna Graecia and Etruscan civilization, the Romans introduced a widespread currency throughout Italy. Unlike most modern coins, Roman coins had intrinsic value. While they contained precious metals, the value of a coin was higher than its precious metal content, so they were not bullion. Estimates of their value range from 1.6 to 2.85 times their metal content, thought to equal the ...
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Italy
Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical region. Italy is also considered part of Western Europe, and shares land borders with France, Switzerland, Austria, Slovenia and the enclaved microstates of Vatican City and San Marino. It has a territorial exclave in Switzerland, Campione. Italy covers an area of , with a population of over 60 million. It is the third-most populous member state of the European Union, the sixth-most populous country in Europe, and the tenth-largest country in the continent by land area. Italy's capital and largest city is Rome. Italy was the native place of many civilizations such as the Italic peoples and the Etruscans, while due to its central geographic location in Southern Europe and the Mediterranean, the country has also historically been home ...
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Florin (Italian Coin)
The Florentine florin was a gold coin struck from 1252 to 1533 with no significant change in its design or metal content standard during that time. It had 54 grains (3.499 grams, 0.113 troy ounce) of nominally pure or 'fine' gold with a purchasing power difficult to estimate (and variable) but ranging according to social grouping and perspective from approximately 140 to 1,000 modern US dollars. The name of the coin comes from the ''Giglio bottonato'' ( it), the floral emblem of the city, which is represented at the head of the coin. History The ''fiorino d'oro'' (gold florin) was used in the Republic of Florence and was the first European gold coin struck in sufficient quantities since the 7th century to play a significant commercial role. The florin was recognized across large parts of Europe. The territorial usage of the '' lira'' and the florin often overlapped, where the lira was used for smaller transactions (wages, food purchases), the florin was for larger transactions ...
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French Franc
The franc (, ; sign: F or Fr), also commonly distinguished as the (FF), was a currency of France. Between 1360 and 1641, it was the name of coins worth 1 livre tournois and it remained in common parlance as a term for this amount of money. It was reintroduced (in decimal form) in 1795. After two centuries of inflation, it was redenominated in 1960, with each (NF) being worth 100 old francs. The NF designation was continued for a few years before the currency returned to being simply the franc. Many French residents, though, continued to quote prices of especially expensive items in terms of the old franc (equivalent to the new centime), up to and even after the introduction of the euro (for coins and banknotes) in 2002. The French franc was a commonly held international reserve currency of reference in the 19th and 20th centuries. Between 1998 and 2002, the conversion of francs to euros was carried out at a rate of 6.55957 francs to 1 euro. History The French Franc tr ...
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Roman Republic (18th Century)
The Roman Republic () was a sister republic of the First French Republic. It was proclaimed on 15 February 1798 after Louis-Alexandre Berthier, a general of Napoleon, had occupied the city of Rome on 10 February. It was led by a Directory of five men and comprised territory conquered from the Papal States. Pope Pius VI was exiled to France and died there in August 1799. The republic immediately took control of the other two former-papal revolutionary administrations, the Tiberina Republic and the Anconine Republic. The Roman Republic proved short-lived, as Neapolitan troops restored the Papal States in October 1799. Annexation of Rome Napoleon's campaign on the Italian peninsula from 1796 to 1797 was one of the reasons for his elevation to supreme commander of the French Army during the Wars of the Republic. After the creation of the First Coalition (Holy Roman Empire, Britain, Prussia, Spain, Naples, etc.) in 1792, Napoleon Bonaparte intended to take the fight to the coalition ...
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French Revolutionary Wars
The French Revolutionary Wars (french: Guerres de la Révolution française) were a series of sweeping military conflicts lasting from 1792 until 1802 and resulting from the French Revolution. They pitted French First Republic, France against Kingdom of Great Britain, Britain, Habsburg monarchy, Austria, Kingdom of Prussia, Prussia, Russian Empire, Russia, and several other monarchies. They are divided in two periods: the War of the First Coalition (1792–97) and the War of the Second Coalition (1798–1802). Initially confined to Europe, the fighting gradually assumed a global dimension. After a decade of constant warfare and aggressive diplomacy, France had conquered territories in the Italian Peninsula, the Low Countries and the Rhineland in Europe and abandoned Louisiana (New France), Louisiana in North America. French success in these conflicts ensured the spread of revolutionary principles over much of Europe. As early as 1791, the other monarchies of Europe looked with ou ...
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Papal States
The Papal States ( ; it, Stato Pontificio, ), officially the State of the Church ( it, Stato della Chiesa, ; la, Status Ecclesiasticus;), were a series of territories in the Italian Peninsula under the direct sovereign rule of the pope from 756 until 1870. They were among the major states of Italy from the 8th century until the unification of Italy, between 1859 and 1870. The state had its origins in the rise of Christianity throughout Italy, and with it the rising influence of the Christian Church. By the mid-8th century, with the decline of the Byzantine Empire in Italy, the Papacy became effectively sovereign. Several Christian rulers, including the Frankish kings Charlemagne and Pepin the Short, further donated lands to be governed by the Church. During the Renaissance, the papal territory expanded greatly and the pope became one of Italy's most important secular rulers as well as the head of the Church. At their zenith, the Papal States covered most of the modern Ital ...
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Papal States Scudo
The Roman scudo (plural: ''scudi romani'') was the currency of the Papal States until 1866. It was subdivided into 100 baiocchi (singular: ''baiocco''), each of 5 quattrini (singular: ''quattrino''). Other denominations included the ''grosso'' of 5 baiocchi, the ''carlino'' of baiocchi, the ''giulio'' and ''paoli'' both of 10 baiocchi, the ''testone'' of 30 baiocchi and the ''doppia'' of 3 scudi. History In addition to issues for the Papal States as a whole, the currency was also issued by many of the individual municipalities. In the late 18th century, this included issues from Ancona, Ascoli, Bologna, Civitavecchia, Fano, Fermo, Foligno, Gubbio, Macerata, Matelica, Montalto, Pergola, Perugia, Ronciglione, San Severino, Spoleto, Terni, Tivoli and Viterbo. Uniquely in Bologna the baiocco, also known as the ''bolognino'', was subdivided into 6 quattrini. Between 1798 and 1799, the revolutionary French forces established the Roman Republic, which issued coins denominated in ...
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M Bai 1816
M, or m, is the thirteenth letter in the Latin alphabet, used in the modern English alphabet, the alphabets of other western European languages and others worldwide. Its name in English is ''em'' (pronounced ), plural ''ems''. History The letter M is derived from the Phoenician Mem, via the Greek Mu (Μ, μ). Semitic Mem is most likely derived from a " Proto-Sinaitic" (Bronze Age) adoption of the "water" ideogram in Egyptian writing. The Egyptian sign had the acrophonic value , from the Egyptian word for "water", ''nt''; the adoption as the Semitic letter for was presumably also on acrophonic grounds, from the Semitic word for "water", '' *mā(y)-''. Use in writing systems The letter represents the bilabial nasal consonant sound in the orthography of Latin as well as in that of many modern languages, and also in the International Phonetic Alphabet. In English, the Oxford English Dictionary (first edition) says that is sometimes a vowel, in words like ...
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Napoleonic Kingdom Of Italy
The Kingdom of Italy (1805–1814; it, Regno d'Italia; french: Royaume d'Italie) was a kingdom in Northern Italy (formerly the Italian Republic) in personal union with Napoleon I's French Empire. It was fully influenced by revolutionary France and ended with Napoleon's defeat and fall. Its government was assumed by Napoleon as King of Italy and the viceroyalty delegated to his stepson Eugène de Beauharnais. It covered some of Piedmont and the modern regions of Lombardy, Veneto, Emilia-Romagna, Friuli Venezia Giulia, Trentino, South Tyrol, and Marche. Napoleon I also ruled the rest of northern and central Italy in the form of Nice, Aosta, Piedmont, Liguria, Tuscany, Umbria, and Lazio, but directly as part of the French Empire, rather than as part of a vassal state. Constitutional statutes The Kingdom of Italy was born on 17 March 1805, when the Italian Republic, whose president was Napoleon Bonaparte, became the Kingdom of Italy, with the same man (now styled Napoleon I) ...
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New World
The term ''New World'' is often used to mean the majority of Earth's Western Hemisphere, specifically the Americas."America." ''The Oxford Companion to the English Language'' (). McArthur, Tom, ed., 1992. New York: Oxford University Press, p. 33: "[16c: from the feminine of ''Americus'', the Latinized first name of the explorer Amerigo Vespucci (1454–1512). The name ''America'' first appeared on a map in 1507 by the German cartographer Martin Waldseemüller, referring to the area now called Brazil]. Since the 16c, a name of the western hemisphere, often in the plural ''Americas'' and more or less synonymous with ''the New World''. Since the 18c, a name of the United States of America. The second sense is now primary in English: ... However, the term is open to uncertainties: ..." The term gained prominence in the early 16th century, during Europe's Age of Discovery, shortly after the Italian explorer Amerigo Vespucci concluded that America (now often called ''the Am ...
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Kingdom Of Hungary
The Kingdom of Hungary was a monarchy in Central Europe that existed for nearly a millennium, from the Middle Ages into the 20th century. The Principality of Hungary emerged as a Christian kingdom upon the coronation of the first king Stephen I at Esztergom around the year 1000;Kristó Gyula – Barta János – Gergely Jenő: Magyarország története előidőktől 2000-ig (History of Hungary from the prehistory to 2000), Pannonica Kiadó, Budapest, 2002, , p. 687, pp. 37, pp. 113 ("Magyarország a 12. század második felére jelentős európai tényezővé, középhatalommá vált."/"By the 12th century Hungary became an important European factor, became a middle power.", "A Nyugat részévé vált Magyarország.../Hungary became part of the West"), pp. 616–644 his family (the Árpád dynasty) led the monarchy for 300 years. By the 12th century, the kingdom became a European middle power within the Western world. Due to the Ottoman occupation of the central and south ...
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Hungarian Forint
The forint (sign Ft; code HUF) is the currency of Hungary. It was formerly divided into 100 fillér, but fillér coins are no longer in circulation. The introduction of the forint on 1 August 1946 was a crucial step in the post-World War II stabilisation of the Hungarian economy, and the currency remained relatively stable until the 1980s. Transition to a market economy in the early 1990s adversely affected the value of the forint; inflation peaked at 35% in 1991. Between 2001 and 2022, inflation was in single digits, and the forint has been declared fully convertible. In May 2022, inflation reached 10.7% amid the war in Ukraine and economic uncertainty. As a member of the European Union, the long-term aim of the Hungarian government may be to replace the forint with the euro, although under the current government there is no target date for adopting the euro. History The forint's name comes from the city of Florence, where gold coins called '' fiorino d'oro'' were minted fro ...
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