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20 Scudi - Emmanuel de Rohan

Issuer Order of Malta
Year 1782
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Reference(s) KM#330, Fr#43, Restelli#6-7
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Obverse script Latin
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Reverse description The arms of the Order of Malta and the personal arms of Grand Master Emmanuel de Rohan displayed on two heraldic shields, surmounted by the Grand Master's crown. Dots punctuate the surrounding legend, which incorporates the denomination S. 20 and the date 1782 at the end of the inscription.
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Additional information

Emmanuel de Rohan-Polduc was elected Grand Master in 1775 and proved an unusually capable administrator during a period of acute financial pressure on the Order. The 20 Scudi issue of 1782 belongs to a coinage program explicitly tied to the Order's efforts to maintain the appearance of sovereign fiscal strength — Valletta's mints were producing prestige gold partly to shore up diplomatic credibility as Ottoman pressure and internal European politics steadily eroded the Order's relevance as a military force.

The .840 fineness is notably below the standard of most contemporary European gold, a quiet concession to the Order's constrained bullion position.

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