Lombardy-Venetia scudo
Encyclopedia
The pound was the currency of the Kingdom of Lombardy-Venetia.
The pound was made of 4.33 grams of silver
(with 9/10 of purity), correspondently to the German
standards. Six pounds were called shield
(scudo) and were equivalent to the Austria
n Conventionsthaler
. Each pound was divided into 100 cents (centesimi). All currencies were a re-establishment of the pounds
used in the Duchy of Milan
until 1796, whereas they had no relation with former defunct Venetian pound. Coins were minted in Milan, Venice and Vienna.
Due to the heavy consequences of the war, Austria was not able to immediately produce the new currency when it took possession of the territory in 1814. So, Napoleonic Italian lira
continued to be a legal tender for eight years after the fall of its inventor. The first issue of the Austrian currency was possible only in 1822. New pounds had a lower value than their French-Italian predecessors, which weighed 5 grams.
During the revolutions of 1848, the Lombard Provisional Government briefly suspended the production of the pound and minted instead a special Italian lira ₤5 coin. After the revolutions and the restoration of the Austrian monetary standard, copper coins were reduced in weight. For political purposes the name on these coins (the most popular in circulation) was changed from Kingdom of Lombardy-Venetia to the Austrian Empire.
When metropolitan Austria decimalized in 1857, the change did not immediately affected the Kingdom, where old pounds were minted again in 1858. Only in 1862, after the loss of Lombardy
to the new born Italian
State, did the remaining part of the Austrian territories adopt the general coinage of the Empire. The Lombardy-Venetia florin
(equal to the Austro-Hungarian gulden
) became the basic unit of currency, and was divided in 100 soldi; only subunits were specifically produced for the Venetian province. Curiously on these coins, the word Lombardy-Venetia re-appeared, as a sign of revanchism
for the lost Lombardy.
The pound was made of 4.33 grams of silver
Silver
Silver is a metallic chemical element with the chemical symbol Ag and atomic number 47. A soft, white, lustrous transition metal, it has the highest electrical conductivity of any element and the highest thermal conductivity of any metal...
(with 9/10 of purity), correspondently to the German
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
standards. Six pounds were called shield
Shield
A shield is a type of personal armor, meant to intercept attacks, either by stopping projectiles such as arrows or redirecting a hit from a sword, mace or battle axe to the side of the shield-bearer....
(scudo) and were equivalent to the Austria
Austria
Austria , officially the Republic of Austria , is a landlocked country of roughly 8.4 million people in Central Europe. It is bordered by the Czech Republic and Germany to the north, Slovakia and Hungary to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the...
n Conventionsthaler
Conventionsthaler
The Conventionstaler was a standard silver coin of the Holy Roman Empire. It was introduced in 1754 and contained one tenth of a Cologne mark of silver ....
. Each pound was divided into 100 cents (centesimi). All currencies were a re-establishment of the pounds
Milanese scudo
The scudo was the currency of the Duchy of Milan until 1796. It was subdivided into 6 lire, each of 20 soldi or 240 denari. It was equal to the Conventionsthaler. It was replaced by the lira of the Cispadane Republic, with Cispadanian lira equal to the Milanese. This in turn was replaced in 1797 by...
used in the Duchy of Milan
Duchy of Milan
The Duchy of Milan , was created on the 1st of may 1395, when Gian Galeazzo Visconti, Lord of Milan, purchased a diploma for 100,000 Florins from King Wenceslaus. It was this diploma that installed, Gian Galeazzo as Duke of Milan and Count of Pavia...
until 1796, whereas they had no relation with former defunct Venetian pound. Coins were minted in Milan, Venice and Vienna.
Due to the heavy consequences of the war, Austria was not able to immediately produce the new currency when it took possession of the territory in 1814. So, Napoleonic Italian lira
Italian lira
The lira was the currency of Italy between 1861 and 2002. Between 1999 and 2002, the Italian lira was officially a “national subunit” of the euro...
continued to be a legal tender for eight years after the fall of its inventor. The first issue of the Austrian currency was possible only in 1822. New pounds had a lower value than their French-Italian predecessors, which weighed 5 grams.
During the revolutions of 1848, the Lombard Provisional Government briefly suspended the production of the pound and minted instead a special Italian lira ₤5 coin. After the revolutions and the restoration of the Austrian monetary standard, copper coins were reduced in weight. For political purposes the name on these coins (the most popular in circulation) was changed from Kingdom of Lombardy-Venetia to the Austrian Empire.
When metropolitan Austria decimalized in 1857, the change did not immediately affected the Kingdom, where old pounds were minted again in 1858. Only in 1862, after the loss of Lombardy
Lombardy
Lombardy is one of the 20 regions of Italy. The capital is Milan. One-sixth of Italy's population lives in Lombardy and about one fifth of Italy's GDP is produced in this region, making it the most populous and richest region in the country and one of the richest in the whole of Europe...
to the new born Italian
Italy
Italy , officially the Italian Republic languages]] under the European Charter for Regional or Minority Languages. In each of these, Italy's official name is as follows:;;;;;;;;), is a unitary parliamentary republic in South-Central Europe. To the north it borders France, Switzerland, Austria and...
State, did the remaining part of the Austrian territories adopt the general coinage of the Empire. The Lombardy-Venetia florin
Lombardy-Venetia florin
The florin was the currency of Lombardy-Venetia between 1862 and 1866. It replaced the pound at a rate of 1 florin = 3 pounds. The florin was equivalent to the Austro-Hungarian gulden . Although it was subdivided into 100 soldi rather than 100 Kreuzer, Austrian coins circulated in Venetia...
(equal to the Austro-Hungarian gulden
Austro-Hungarian gulden
The Gulden or forint was the currency of the Austrian Empire and later the Austro-Hungarian Empire between 1754 and 1892 when it was replaced by the Krone/korona as part of the introduction of the gold standard. In Austria, the Gulden was initially divided into 60 Kreuzer, and in Hungary, the...
) became the basic unit of currency, and was divided in 100 soldi; only subunits were specifically produced for the Venetian province. Curiously on these coins, the word Lombardy-Venetia re-appeared, as a sign of revanchism
Revanchism
Revanchism is a term used since the 1870s to describe a political manifestation of the will to reverse territorial losses incurred by a country, often following a war or social movement. Revanchism draws its strength from patriotic and retributionist thought and is often motivated by economic or...
for the lost Lombardy.
Copper coins
- 1 cent (centesimo)
- Weight: 1.75 grams
- Type 1852: 1.09 grams
- 3 cents
- Weight: 5.25 grams
- Type 1852: 3.28 grams
- 5 cents
- Weight: 8.75 grams
- Type 1852: 5.47 grams
- 10 cents
- Sole issue: 1852
- Type 1852: 10.94 grams
- 15 cents
- Sole issue: 1852
- Type 1852: 16.04 grams
Silver coins
- ¼ pound
- Value: 25 cents
- Purity: 6/10
- Weight: 1.62 grams
- ½ pound
- Purity: 9/10
- Weight: 2.17 grams
- 1 pound (lira austriaca)
- Purity: 9/10
- Weight: 4.33 grams
- 1 florin (fiorino)
- Value: 3 pounds
- Purity: 9/10
- Weight: 12.99 grams
- 1 shield (scudo)
- Value: 6 pounds
- Purity: 9/10
- Weight: 25.99 grams
Gold coins
- ½ sovereign
- Value: 20 pounds
- Purity: 9/10
- Weight: 5.67 grams
- 1 sovereign (sovrana)
- Value: 40 pounds
- Purity: 9/10
- Weight: 11.33 grams