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1 Scudo d'Oro - Clement XI
| Issuer | Papal States |
|---|---|
| Year | 1712 |
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| Currency | Scudo (1534-1835) |
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| Obverse description | Elaborate crowned papal arms of Clement XI at center, the shield displaying the Albani family device of a six-pointed star above a fess with three mounts, surmounted by the papal tiara and crossed keys, all set within an ornate baroque cartouche with foliate scrollwork. The legend CLEM. XI. P. M. A. XII runs around the periphery in Latin characters, divided by the cartouche. The entire design is enclosed within a finely milled border. |
|---|---|
| Obverse script | Latin |
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| Additional information |
Clement XI's pontificate was dominated by the disastrous War of the Spanish Succession, in which the Papal States backed the wrong claimant — the Austrian Archduke Charles — only to see Louis XIV's grandson Philip V secure the Spanish throne anyway. The diplomatic fallout left Rome increasingly marginalized in European affairs. Gold scudi from this period circulated primarily within the papal financial network rather than in broad commerce, funding the curia's administrative machinery at a moment when papal political influence was contracting sharply.
1712 also falls just two years before Clement's controversial bull Unigenitus, which condemned Jansenism and ignited a theological crisis that would fracture French Catholicism for decades.