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75 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 cedola in black ink on plain paper, enclosed within a fine typographic border. The heading bears the name of the issuing institution, S. Monte della Pietà di Roma, in large letters, followed by the denomination SETTANTACINQUE set within a decorative cartouche flanked by ornamental repeating devices. The text body states the obligation to pay the bearer Scudi Romani Settantacinque at ten giulj per scudo, valid throughout the Stato Ecclesiastico, with handwritten register number, date annotations, and official signatures applied in manuscript.
Obverse lettering 75 PRIMO MAGGIO MILLE SETTECENTO NOVANTASETTE S. M. DI PIETA DI ROMA La presente Cedola vale Scudi Romani SETTANTACINQUE da giulj Dieci per Scudo da pagarsi all` Esibitore. Registro 23no Vaglia per tutto lo STATO ECCLESIASTICO
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Comments

The Monte di Pietà in Rome was one of the oldest pawnbroking institutions in Europe, founded in 1539 under papal authority to provide credit to the poor at controlled rates. By the 1790s it had long since evolved into something closer to a deposit bank, issuing assignat-style obligations backed by pledged goods and real property rather than metallic reserves. These 75 Scudi notes appeared during a period of acute fiscal strain — French military pressure on the Papal States was intensifying, and the institution's liquidity was under serious stress well before the brief Roman Republic of 1798 effectively ended its traditional operations.

The denomination itself is unusual. Round figures dominate most Monte di Pietà paper; 75 Scudi suggests a specific redemption or accounting need rather than general circulation intent.

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