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43 Scudi

Issuer Sacro Monte della Pietà di Roma
Year 1788
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Shape Rectangular
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Obverse lettering 43 QUINDICI GENNARO MILLE SETTECENTO OTTANTOTTO S. MONTE DELLA PIETA DI ROMA La presente Cedola vale Scudi Romani Quarantatre da giulj dieci per Scudo da pagarsi all' Esibitore Registro 638 Num. Vaglia per tutto lo STATO ECCLESIASTICO SACRO MONTE DELLA PIETA DI ROMA
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Protection type Embossed seal, Manuscript signatures
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The Sacro Monte della Pietà di Roma was a papal pawnbroking institution established in 1539, and by the late eighteenth century its paper instruments — known as cedole — functioned as a de facto circulating currency within Rome. This 43 Scudi piece is an odd denomination by design, not accident: cedole were issued in the exact amount of the pawned collateral, meaning each note is technically unique to a specific transaction.

The manuscript signatures and embossed seal were the authentication mechanism, applied at the moment of issue by bank officials. No two cedole left the counter identical.