Catalog
1 Luigino - Luigi I Grimaldi
| Issuer | Monaco |
|---|---|
| Year | 1668 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | Gad#MC77 |
| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
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| Reverse lettering | + IPSOQ(VE). FIT. VTILIS. VSV. 1668 |
| Edge | Plain |
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| Additional information |
The luigino was never intended for Monaco's domestic economy. These small silver coins were struck by dozens of minor European princes in the 1660s specifically for export to the Levant trade, where Ottoman merchants accepted them by weight alongside Ottoman akçe. Louis I issued them under his Italian title — Luigi — precisely because the series demanded that idiom. The scheme collapsed around 1668–1670 when the Ottoman authorities cracked down on the flood of underweight imitations saturating the eastern Mediterranean markets.