20 Soldi - Maria Theresia

Milan's silver coinage in the early 1770s was caught between two monetary pressures: Maria Theresia's broader effort to rationalize the Habsburg currency system across her Italian territories, and the stubborn persistence of local Milanese accounting conventions that made clean decimal reform politically impractical. The 20 Soldi denomination was a compromise unit — functional within the local lira system without fully displacing it.

MIR MI#425 is recorded across a four-year span, suggesting steady if unspectacular production rather than a single campaign issue. Milan's zecca on Via Bocchetto remained under imperial oversight throughout.