Papal States - Pius IX - 10 Soldi 1868

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Seller: anthonygarthmole (325) 100%, Location: Enfield, Ships to: GB, Item: 163731799510 Papal States - Pius IX - 10 Soldi 1868. These were some of the last coins to be issued by the States of the Church, which, by 1868, consisted only of Lazio and Rome itself. At this time Pope Pius the Ninth was maintained in power as sovereign ruler of what remained of the the States of the Church by the French Emperor, Napoleon the Third, who insisted upon a French Governor-General to protect the interests of France. Pope Pius the Ninth was traditional in his views and this coin was issued at ten soldi (ten shillings), however, you will note that, at the foot, it also bears the value 50 CMI (centissimi). The French Governor-General required the Roman Mint to issue silver coins at a lower silver content than the 90% required under the rules of the Latin Monetary Union from 1866 onwards, so that this coin will not be 90% silver. As a result, the States of the Church were required to withdraw from the Latin Monetary Union in 1870 - shortly afterwards, Lazio and Rome were annexed by King Victor Emanuel the Second and were incorporated into his new Kingdom of Italy. After that, Italian silver coins at full silver content replaced the debased silver coins issued by the Roman Mint - most of the debased coins were melted down and reminted as Italian coins at their full silver content, so this coin is relatively rare. Year of Issue: 1868, Country/Region of Manufacture: Italy, Country: States of the Church

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