The History of Currency, 1252 to 1896Shaw, William Arthur
History
The History of Currency, 1252 to 1896
Shaw, William Arthur
Money -- History
The confusion to which this led was due to the unstable nature of the
imaginary money, which from 1312 continually depreciates in value, as
compared with the actual hard florin money. In 1314, as some measure of
reform, it was ordained that the florin of gold should not equal more
nor less than 29 of the soldi of this lira, and that it should never
change from such course--the distinction of _moneta bianca_ and _nera_
being introduced for the purpose. The ceasing of the observation of this
regulation in the sixteenth century made way for every kind of
confusion.
For the explanation of the text in Part I., pp. 19-23, it need only be
added that 20 of these imaginary soldi formed the _lira a fiorino_
spoken of.
TABLE OF THE SILVER COINS STRUCK IN FLORENCE, 1252-1534.
+---------+-----------------+---------------------+-----------+-------------+----------+--------------+------------+
| | | Standard. | Weight | Fine Silver | Tale per | Tale per | Value at |
| Year. | Denomination. +----------+----------+ of each | in each | Mark |Mark issued to| which |
| | | Silver. | Alloy. | piece. | Piece. | minted. |the Merchant. |Circulated. |
+---------+-----------------+----------+----------+-----------+-------------+----------+--------------+------------+
| | | Oz. Gr. | Oz. Gr. | Grains. | Grains. | | |Soldi. Den. |
| 1252 |Fiorino d'argento| --- | --- | 43-1/5 | --- | 160 | --- | 1 0 |
| | | | | | | | |(of the gold|
| | | | | | | | | florin.) |
| 1280 | Do. | 11 15 | 0 9 | 45-3/4 | 45-1/4 | 151 | --- | 1 8 |
| 1296 |Soldi grossi | 11 15 | 0 9 | 40-9/19 | 39-3/19 | 171 | 167 | 2 0 |
| 1305 |Grossi popolini | 11 12 | 0 12 | 40-9/19 | 38-3/4 | 171 | --- | 2 0 |
| | |(= Argento popolino.)| | | | | |
| 1314 |Guelfi del fiore | 11 12 | 0 12 | 41-5/8 | 39-7/8 | 166 | 163 | 2 6 |
| |(Half and quarter| | | | | | | |
| | of same.) | | | | | | | |
| 1345 |Nuovi Guelfi | 11 12 | 0 12 | 51-7/12 | 49-5/12 | 134 | 132 | 4 0 |
|(Aug. 19)| | | | | | | |(of the |
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