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1 Scudo d'Oro - Clement XI

Issuer Papal States
Year 1716
Type Standard circulation coin
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Obverse description Centrally placed papal coat of arms of Clement XI (Albani family arms: three mountains surmounted by a star in chief, three arched towers in base), displayed within an ornate baroque cartouche. Above the shield, the papal tiara with two crossed keys, rendered in high relief with fine detail. The circular legend reading CLEM . XI . P . M . A . XV surrounds the design, separated from the milled border by a plain field.
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Reverse script Latin
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Additional information

Clement XI's pontificate was consumed by the War of the Spanish Succession, in which his support for the Bourbon claimant Philip V cost him dearly — the Habsburg Emperor Charles VI retaliated by occupying Comacchio and then the entire Papal States in 1709. By 1716, the year of this scudo, the papacy was simultaneously managing the financial fallout of that occupation and the opening salvos of the Quietist controversy. Gold coinage from this pontificate is genuinely scarce in circulation grades; the Papal States' gold output was modest by design, with scudi d'oro functioning primarily as presentation and diplomatic currency rather than everyday commerce.

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