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Muraiola of 4 Baiocchi - Pius VI

Issuer Papal States
Year 1777-1794
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Currency Scudo (1534-1835)
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Reverse description The reverse bears a bold three-line inscription filling the entire field, reading QVAT / TRO / BAIOC / CHI in four lines of large Roman capitals, denoting the denomination of four baiocchi. The lettering is rendered in a plain, authoritative style with no additional ornament. A milled border runs around the coin's periphery.
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Edge Plain
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Pius VI's reign was the longest of any pope in the eighteenth century, and the muraiola series reflects the chronic monetary dysfunction of the Papal States throughout that stretch. The billon coinage circulated alongside a bewildering tangle of copper, silver, and debased issues, with exchange rates between denominations subject to periodic papal edict rather than market logic. The baiocco system itself was notoriously resistant to reform — successive attempts to rationalize it in the 1770s and 1780s foundered on the competing interests of the Roman financial guilds and the Camera Apostolica.

Pius VI's pontificate ended in French captivity; he died in Valence in 1799, a prisoner of the Directory.

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