Tuscan florin


The Tuscan florin was the currency of Tuscany between 1826 and 1859. It was subdivided into 100 quattrini, a local currency made by four pennies. There was an additional denomination called the paolo, worth 40 quattrini, in circulation.

History

During the Napoleonic Wars, Tuscany was annexed by France and the French franc was introduced, together with its satellite Italian lira. Previous Tuscan pound did not disappear, but a big confusion was created between the old pound and the new lira. So, when Duke Leopold II rose to power in 1824, he decided to introduce a new basic currency. The florin replaced the Tuscan pound at a rate of pounds = 1 florin. In 1847, Tuscany absorbed Lucca and the florin replaced the Luccan pound at a rate of 1 florin = 2 pounds. After a brief revolutionary coinage, the florin was replaced in 1859 by a provisional currency denominated in "Italian lira", equal to the Sardinian lira, with 1 florin = 1.4 Italian lire.

Coins

Copper coins were struck in denominations of 1 and 3 quattrini, together with billon 5 and 10 quattrini, silver, 1 and 5 paolo,,, 1 and 4 florins. Gold coins included the sequin, ruspone and 80 florins, the latter two equalled 3 and 10 sequins respectively.