Papal States 1848-B 2 baiocchi

from Steve Album sale 45, lot 1543

This specimen was lot 1543 in Stephen Album sale 45 (Santa Rosa, CA, January 2023), where it sold for $390. The catalog description^[1] noted, "PAPAL STATES: Pius IX, 1846-1870, AE 2 baiocchi, 1848-B year III, a wonderful mint state example! PCGS graded MS64 BN, ex Joe Sedillot Collection." The early coinage of the Papal States used an antique monetary system. After 1830, five quattrini = one baiocco; 100 baiocchi = one 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. This type was struck 1849-54 at Rome and Bologna and was nicknamed the muraiola.

Recorded mintage: 644,000.

Specification: 20 g, copper, 35 mm diameter, plain edge.

Catalog reference: KM-1343, Berman-3322.

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.
• Francesco Muntoni, Le Monete del Papi e Degli Stati Pontifici, 4 vols. Rome: P & P Santamaria, 1973.
• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
• ^[1]Album, Stephen, Joseph Lang, Paul Montz, Michael Barry and Norman Douglas Nicol, Auction 45, Santa Rosa, CA: Stephen Album Rare Coins, Inc., 2022.

Link to:

• 1848-B mezzo baiocco
• 1848-R 2 baiocchi
• 1848-B 20 baiocchi, Pius IX, year III
• 1848-R scudo, year II, Pius IX
• 1848-R 2½ scudi
• 1849-R 2 baiocchi
• Coins and currency dated 1848