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90 Scudi

Issuer S. Monte della Pietà di Roma
Year 1797
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Value 90 Scudi
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Obverse lettering 90 PRIMO MAGGIO MILLE SETTECENTO NOVANTASETTE S. MONTE DELLA PIETÀ DI ROMA La presente Cedola vale Scudi Romani Novanta da giulj dieci per Scudo da pagarsi all` Esibitore.
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Reverse lettering 90
NOVANTA
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Comments

The Monte di Pietà in Rome was one of the oldest pawnbroking institutions in Europe, established in the fifteenth century to provide credit to the poor at controlled rates — a direct counter to usury. By the 1790s it had long since evolved into something closer to a public bank, issuing fedi di credito that functioned as transferable instruments of credit rather than banknotes in the modern sense. This 90 Scudi note belongs to a particularly pressured moment: French revolutionary armies were advancing through the Italian peninsula, and the Papal States were struggling to maintain financial stability.

The denomination itself is telling. Round-number issues were supplemented by awkward fractional values to meet specific liquidity demands — 90 Scudi was not an arbitrary figure but a response to real transactional gaps in circulation.

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