Latin Monetary Union
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Latin Monetary Union
The Monetary Convention of 23 December 1865 was a unified system of coinage that provided a degree of monetary integration among several European countries, initially Belgium, France, Italy and Switzerland, at a time when the circulation of banknotes in these countries remained relatively marginal. In early 1866, it started being referred to in the British press as the Latin Monetary Union, with intent to make clear that the United Kingdom would not join, and has been generally referred to under that name () and the acronym LMU since then. A number of countries minted coins according to the LMU standard even though they did not formally join the LMU. The LMU has been viewed as a forerunner of late-20th-century European monetary union but cannot be directly compared with it, not least since the LMU did not rely on any common institutions. Unlike the Scandinavian Monetary Union established a few years later, the Latin Monetary Union remained limited to coinage and never extended ...
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Coin
A coin is a small object, usually round and flat, used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order to facilitate trade. They are most often issued by a government. Coins often have images, numerals, or text on them. The faces of coins or medals are sometimes called the ''obverse'' and the ''reverse'', referring to the front and back sides, respectively. The obverse of a coin is commonly called ''heads'', because it often depicts the head of a prominent person, and the reverse is known as ''tails''. The first metal coins – invented in the ancient Greek world and disseminated during the Hellenistic period – were precious metal–based, and were invented in order to simplify and regularize the task of measuring and weighing bullion (bulk metal) carried around for the purpose of transactions. They carried their value within the coins themselves, but the stampings also induced manip ...
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Bimetalism
Bimetallism, also known as the bimetallic standard, is a monetary standard in which the value of the monetary unit is defined as equivalent to certain quantities of two metals, typically gold and silver, creating a fixed rate of exchange between them. For scholarly purposes, "proper" bimetallism is sometimes distinguished as permitting that both gold and silver money are legal tender in unlimited amounts and that gold and silver may be taken to be coined by the government mints in unlimited quantities. This distinguishes it from "limping standard" bimetallism, where both gold and silver are legal tender but only one is freely coined (e.g. the monies of France, Germany, and the United States after 1873), and from "trade" bimetallism, where both metals are freely coined but only one is legal tender and the other is used as "trade money" (e.g. most monies in western Europe from the 13th to 18th centuries). Economists also distinguish ''legal'' bimetallism, where the law guarantees ...
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Oxford University Press
Oxford University Press (OUP) is the publishing house of the University of Oxford. It is the largest university press in the world. Its first book was printed in Oxford in 1478, with the Press officially granted the legal right to print books by decree in 1586. It is the second-oldest university press after Cambridge University Press, which was founded in 1534. It is a department of the University of Oxford. It is governed by a group of 15 academics, the Delegates of the Press, appointed by the Vice Chancellor, vice-chancellor of the University of Oxford. The Delegates of the Press are led by the Secretary to the Delegates, who serves as OUP's chief executive and as its major representative on other university bodies. Oxford University Press has had a similar governance structure since the 17th century. The press is located on Walton Street, Oxford, Walton Street, Oxford, opposite Somerville College, Oxford, Somerville College, in the inner suburb of Jericho, Oxford, Jericho. ...
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Papal Mint
The Papal Mint is the pope's institute for the production of hard cash. Papal Mint also refers to the buildings in Avignon, Rome, and elsewhere that used to house the mint. History of Papal coin Coins survive from the tenures of Pope Zacharias (741-752), of Gregory III (731-741) (Ficoroni, "Museo Kircheriano"), and possibly of Gregory II (715-731). These pieces, two of which are of silver, are believed to be true coins, and not medals like those distributed as "presbyterium" at the coronation of the popes since the time of Valentine (827). Their stamp resembles the Byzantine and Merovingian coins of the seventh and eighth centuries, and their square shape is also found in Byzantine pieces. Those that bear the inscription GREII PAPE — SCI PTR (Gregorii Papæ — Sancti Petri) cannot be attributed to Pope Gregory IV (827-44), because of the peculiarity of minting. The existence of these coins, while the popes yet recognized the Byzantine domination, is explained by Ludo Mori ...
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Giacomo Antonelli
Giacomo Antonelli (2 April 1806 – 6 November 1876) was an Italian Catholic prelate who served as Cardinal Secretary of State for the Holy See from 1848 until his death. He played a key role in Italian politics, resisting the unification of Italy and affecting Catholic interests in European affairs. He was often called the "Italian Richelieu" and the "Red Pope." Life He was born at Sonnino near Terracina and was educated for the priesthood, but after taking minor orders, he gave up the idea of becoming a priest and chose an administrative career. Created secular prelate, he was sent as apostolic delegate to Viterbo in 1836, where he early manifested his reactionary tendencies in an attempt to stamp out Liberalism. In 1839 he was transferred to Macerata. In 1840 he was ordained a deacon. Recalled to Rome in 1841 by Pope Gregory XVI, he entered the offices of the Secretariat of State, but four years later was appointed pontifical treasurer-general. Created cardinal on ...
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Napoleon III Of France
Napoleon Bonaparte (born Napoleone di Buonaparte; 15 August 1769 – 5 May 1821), later known by his regnal name Napoleon I, was a French general and statesman who rose to prominence during the French Revolution and led a series of military campaigns across Europe during the French Revolutionary and Napoleonic Wars from 1796 to 1815. He led the French Republic as First Consul from 1799 to 1804, then ruled the French Empire as Emperor of the French from 1804 to 1814, and briefly again in 1815. He was King of Italy from 1805 to 1814 and Protector of the Confederation of the Rhine from 1806 to 1813. Born on the island of Corsica to a family of Italian origin, Napoleon moved to mainland France in 1779 and was commissioned as an officer in the French Royal Army in 1785. He supported the French Revolution in 1789 and promoted its cause in Corsica. He rose rapidly through the ranks after winning the siege of Toulon in 1793 and defeating royalist insurgents in Paris o ...
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San Marino
San Marino, officially the Republic of San Marino, is a landlocked country in Southern Europe, completely surrounded by Italy. Located on the northeastern slopes of the Apennine Mountains, it is the larger of two European microstates, microstates within Italy, the other being Vatican City. San Marino is the List of countries and dependencies by area, fifth-smallest country in the world, with a land area of just over and a population of 34,042 as of 2025. Its capital, the City of San Marino, sits atop Monte Titano, while its largest settlement is Dogana, in the municipality of Serravalle, San Marino, Serravalle. Founded according to myth in 301 AD, San Marino claims to be the oldest extant sovereign state and the oldest constitutional republic. It is named after Saint Marinus, a legendary Stonemasonry, stonemason from the Roman Empire, Roman island of Rab (island), Rab (in present-day Croatia), who is supposed to have established a monastic community on Monte Titano. The countr ...
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