Papal States 1823-B 1/2 scudo

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from the Tom Fitzgerald Collection
note the mount mark
Schulman auction 389, lot 211
Schulman 389-211r.jpg

The interregnum between the death of Pius VII and the election of Leo XII lasted less than a month. The coinage issued in this period included a gold doppia, a silver scudo, half scudo and a double giulio. The early coinage of the Papal States used an antique monetary system. Five quattrini = one baiocco; 5 baiocchi = 1 grosso; 6 grossi = 4 carlini = 3 paoli = 1 testone; 10 testone = 1 doppia; 100 baiocchi = 1 scudo. After 1832, all the medieval coins were dropped except for the baiocco and the scudo. In 1866, the currency was reformed to use centesimi and lire in order to match that of the surrounding kingdom of Italy. In 1870, the Papal States were occupied and annexed by the kingdom of Italy and coinage ceased until 1929. The second specimen was lot 211 in Schulman auction 389 (Amsterdam, December 2025), where it sold for €550 (about US$775 including buyer's fees). The catalog description[1] noted, "Italy - Mezzo scudo 1823 B, Silver, SEDE VACANTE 1823, MONETE PAPALI / PAPAL STATES Bologna mint. Cardinal arms of camerlengo Bartolomeo Pacca. Rev. the Church seated on clouds. Ex Cherry Tree Collection. PCGS MS62."

Recorded mintage: 62,800.

Specification: 13.21 g, 0.917 fine silver, .390 troy oz ASW, the second specimen 13.15 g.

Catalog reference: KM 1291, Mont-151; Gig-5; Ber-3249.

Source:

  • Berman, Allen G., Papal Coins, South Salem, NY: Attic Books, 1991.
  • Gigante, Fabio, Gigante 2016: Catalogo Nazionale delle Monete Italiano Dal '700 All'Euro, 24a ed. Varese, Italy, 2015.
  • Montenegro, Eupremio, Montenegro 2015: Manuale del Collezionista di Monete Italiane, 30 ed., Torino, Italy: Montenegro s.a.s., 2014.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • Francesco Muntoni, Le Monete del Papi e Degli Stati Pontifici, 4 vols. Rome: P & P Santamaria, 1973.
  • [1]Absil, Andrew, Olle Cederholm, Erik de Visser and Rik van Noorloos, Schulman sale 389: Ex Cherry Tree Collection, Amsterdam: Schulman b.v., 2025.

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