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38 Scudi
| Issuer | Sacro Monte della Pietà di Roma |
|---|---|
| Year | 1792 |
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| Currency | Scudo (1534-1835) |
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| Obverse description | Letterpress-printed note in black ink on plain paper, with a decorative typographic border enclosing the central text. The issuing authority 'S. MONTE DELLA PIETÀ DI ROMA' is set in large letters across the centre, above the denomination 'Trentotto' rendered in bold within a guilloche-flanked cartouche. The numeral '38' appears in a boxed heading at the top, with the full payment obligation text, register notation, manuscript signatures, and the validation 'Vaglia per tutto lo STATO ECCLESIASTICO' completing the face. |
|---|---|
| Obverse lettering | 38 PRIMO FEBBRAIO MILLE SETTECENTO NOVANTADUE S. MONTE DELLA PIETÀ DI ROMA La presente Cedola vale Scudi Romani Trentotto da giulj dieci per Scudo da pagarsi all' Esibitore Registro Num. Trentotto Vaglia per tutto lo STATO ECCLESIASTICO |
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| Comments |
The Sacro Monte della Pietà di Roma was one of the oldest charitable pawnbroking institutions in Europe, established in 1539 to provide credit to the poor as an alternative to usurious moneylenders. By the late eighteenth century it had evolved into a quasi-banking authority under papal oversight, issuing cedole — bearer certificates redeemable in specie — that functioned as practical currency in Rome's commercial life.
The 38 Scudi denomination is awkward enough to suggest it originated as a redemption certificate for a specific pledged value rather than a round-sum banking note. 1792 places it four years before Napoleon's Italian campaign would dismantle the Papal States' financial infrastructure entirely.