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34 Scudi

Issuer S. Monte della Pietà di Roma
Year 1797
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Currency Scudo (1534-1835)
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Obverse description Letterpress-printed note in black on plain paper, enclosed within a decorative typographic border. The issuer name S. MONTE DELLA PIETÀ DI ROMA appears in large display type across the upper portion, below a centered numeral 34 cartouche. The body of the note contains the obligation text in Italian, with the denomination TRENTAQUATTRO set in a bold decorative band at centre, followed by manuscript entries for the payee, registrar, and serial number. Handwritten annotations, official ink stamps, and manuscript signatures are present in the margins and lower portion.
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Reverse lettering 34 TRENTAQUATTRO
(Translation: Thirty four.)
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Comments

The Monte di Pietà in Rome was one of the oldest pawnbroking institutions in Europe, founded in 1539 to provide low-interest loans to the poor as an alternative to usurers. By 1797, the institution was operating under extraordinary pressure: Napoleon's Italian campaign had gutted the Papal States financially, and the Treaty of Tolentino signed in February of that year forced Pius VI to pay a ruinous indemnity of 30 million livres tournois to France. These cedole — the assignat-style paper obligations issued by the Monte — were a direct response to that fiscal hemorrhage.

The denomination of 34 Scudi is irregular enough to suggest this note was issued against a specific pledged valuation rather than as a round-currency instrument.

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