| Issuer |
Malta
|
|---|---|
| Grandmaster |
Order of Hospitallers › Hugues Loubenx de Verdala (1581-1595)
|
| Type | Emergency coinage › Official necessity coins |
| Year | 1590 |
| Value | 2 Tari (⅙) |
| Currency | Scudo (1530-1825) |
| Composition | Miedź |
| Weight | 2.68 g |
| Shape | Okrągły |
| Demonetized | Yes |
| Number | N# 311086 |
| References | Restelli# 44 Felice Restelli, Joseph C. Sammut; 1977. The Coinage of the Knights in Malta: 1530-1798. Emmanuel Said Publishers. |
Herb Wielkiego Mistrza (wilk) podzielony na ćwiartki z herbami Zakonu (krzyż).
Script: łaciński
Lettering: ☩ F · H · DE LOVBENX VERDALA CARD · M · HOS · H
(en) Two clasped hands, date and sun above, value below, within a dotted circle.
Script: łaciński
Lettering:
☩ NON · AES · SED · FIDES ·
1590
T ❜ Z
Illustrated coin on this page is the Restelli# 44 itself.
Fiduciary Coins of Malta
In 1567, when Jean De Valette was Grand Master of the order, he was building the new city of Valletta (Malta’s Capital) and it was clear that the treasury of the state wasn’t going to be able to afford building this city. Thus, he employed the use of Fiduciary coins. These were pieces made out of copper instead of the usual silver and were used to pay workers, with the promise that once the precious metal was back in high enough numbers, the fiduciaries could be exchanged. There was 2 denominations issued by 4 different Grandmasters and these are as follows :-
Denominations -
2 Tari
4 Tari
Grand Masters that issued Fiduciary Coins :-
Jean De La Vallette Parisot
Pietro Del Monte
Hugues Loubenx de Verdala
Giovani Paolo Lascaris Castellar
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| Date | VG | F | VF | XF | AU | UNC | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Undetermined | |||||||||||||||
| 1590 | |||||||||||||||
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