1 Cavallotto - Francis I

Savona's minting rights were a persistent source of friction between the city and Genoa, which sought to absorb Savonan commercial independence throughout the late medieval and early modern period. Francis I of France held Savona under his protection following the French conquest of the Duchy of Milan in 1515, and the city's continued coinage during this interval reflects that political cover. Without French dominance in Liguria, Savona's mint would almost certainly have been suppressed by Genoa far sooner than it ultimately was.

The MIR reference places this among the rarer local Ligurian issues — III#3/9 suggesting a small documented survival pool.