8 Bolognini - Alberico II Cybo Malaspina

Alberico II ruled Massa and Carrara as an Imperial fief under increasingly precarious circumstances — his reign saw repeated disputes with neighboring Genoa and persistent pressure from larger Italian powers over the strategic coastal territory. The 8 Bolognini was struck during a narrow three-year window that coincides with a period of relative administrative consolidation before the dynasty's later absorption into the Este family through marriage in the following century.

The Bolognino as a unit of account had deep roots in northern Italian commercial practice, originating in Bologna; its adoption by small signorie like Massa reflected the fragmented monetary geography of the peninsula more than any independent monetary ambition.