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500 Scudi

Emisor S. Monte della Pietà di Roma
Año 1788
Tipo Standard circulation banknote
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Descripción del anverso Entirely typeset in black letterpress on plain paper, the note is enclosed within a decorative ruled border with ornamental corner elements. The issuer's name S. MONTE DELLA PIETÀ DI ROMA is printed in large display type at the centre, above the body text stating the cedola's value of Scudi Romani Cinquecento at ten giuli per scudo, payable to the bearer. The denomination 500 appears in a guilloche-framed panel at the top, and the note bears multiple manuscript annotations including registry numbers, signatures of officials, and a date of 7 January 1788.
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Descripción del reverso The reverse is entirely covered with numerous manuscript endorsements, handwritten signatures, and notations in ink, reflecting the note's circulation history as it passed between multiple parties. The denomination 500 appears in typeset panels at each of the four corners. A faint circular stamp or seal impression is visible near the upper centre.
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Comentarios

The Monte di Pietà in Rome was not a bank in any modern sense — it was a papal pawnbroking institution, established in the sixteenth century to provide credit to the poor at controlled rates and shield them from usurious moneylenders. By the late eighteenth century it had evolved into something closer to a deposit and transfer bank serving Rome's mercantile class, and these large-denomination assignation notes functioned essentially as negotiable receipts against deposited assets rather than circulating currency in the ordinary sense.

At 500 Scudi, this note represents a substantial sum — well beyond everyday commerce. Such instruments moved between merchants, ecclesiastical institutions, and papal administrators, rarely passing through more than a handful of hands before redemption.