Luccan pound

Luccan pound
lira (Italian)
User(s)  Lucca
Subunit
1/20 shilling
1/60 quattrino
Symbol £
Coins q1, q2, s1, q5, s2, s3,
s5, s10, £1, £2
Mint Lucca Mint
This infobox shows the latest status before this currency was rendered obsolete.

The pound (Italian: lira) was the currency of the Republic of Lucca until 1800 and again of the Duchy of Lucca between 1826 and 1847. It was subdivided into 20 shillings (Italian: soldi), each of 3 quattrini or 12 pennies (Italian: denari).

History

The pound circulated until 1800, when the French franc was introduced, accompanied by the Luccan franc from 1805. After Napoleon's fall, the Luccan State remained without an official currency, using both old francs and Tuscan pounds and florins. The Luccan pound reappeared in 1826 by order of Duke Charles Louis, replacing all circulating currencies. The Luccan pound contained less silver than the Tuscan pound had. Lucca was absorbed by Tuscany in 1847 and the pound was replaced by the Tuscan florin at a rate of 1 florin = 2 pounds.

Coins

In 1826, coins were introduced in denominations of 1, 2 and 5 quattrini, 1, 2, 3, 5 and 10 soldi, and 1 and 2 pounds. The quattrini denominations and the 1 soldo were struck in copper, with the higher denominations in silver.

References

External links

This article is issued from Wikipedia - version of the Sunday, February 21, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.