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Coin replica - Banca Commerciale Italiana Philip IV of Spain
| Issuer | Banca Commerciale Italiana |
|---|---|
| Year | 1994 |
| Type | Replica coin |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | Detailed panoramic view of the city of Milan rendered in high relief, depicting a dense urban cityscape with towers, churches, and fortifications stretching across the entire coin field. Above the city view, a radiant cherub or angelic figure emerges from clouds, symbolising divine protection over the city. The Latin legend ET * INDE * SALVS * VIVE * MEDIOL * (meaning 'And thence salvation, long live Milan') is distributed around the upper periphery, divided by the clouds and the celestial figure. The composition is enclosed by a finely beaded border. The overall design faithfully reproduces the reverse of the original Milan taler issued under Philip IV of Spain. |
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| Additional information |
Banca Commerciale Italiana issued a series of commemorative replicas in the early 1990s tied to the history of Italian banking and trade finance. Philip IV presided over the Spanish crown's repeated sovereign defaults — four during his reign alone — which destabilized the Genoese banker networks that had underwritten Habsburg military spending across Europe for generations. Those Genoese financiers were effectively the institutional ancestors of the northern Italian commercial banking tradition BCI was invoking with this series.