Local Name: | fiorino |
Local Name Lang: | it |
Image 1: | Fiorino 1856.jpg |
Image Title 1: | One fiorino by Leopold II |
Using Countries: | Tuscany |
Unofficial Users: | United Provinces of Central Italy |
Subunit Name 1: | quattrino |
Symbol: | ƒ |
Used Coins: | q.1, q.3, q.5, q.10, q.20, p.1 ƒ1, ƒ2, ƒ4 |
Rarely Used Coins: | ƒ, ƒ, ƒ20, ƒ60, ƒ80 |
Mint: | Florence Mint |
Obsolete: | yes |
The Tuscan fiorino (plural: fiorini) was the currency of Tuscany between 1826 and 1859. It was subdivided into 100 quattrini (singular: quattrino), a local currency made by four denari (from the Latin: quater denarii). There was an additional denomination called the paolo, worth 40 quattrini, in circulation.
See also: History of coins in Italy. During the Napoleonic Wars, Tuscany was annexed by France and the French franc was introduced, together with its satellite Italian lira. The previous lira did not disappear, creating a big confusion between the old Tuscan lira and the new Italian lira. So, when Duke Leopold II rose to power in 1824, he decided to introduce a new basic currency. The fiorino replaced the Tuscan lira at a rate of lire = 1 fiorino.[1] In 1847, Tuscany absorbed Lucca and the fiorino replaced the Luccan lira at a rate of 1 fiorino = 2 lire. After a brief revolutionary coinage, the fiorino was replaced in 1859 by a provisional currency denominated in "Italian lira", equal to the Sardinian lira, with 1 fiorino = 1.4 Italian lire.
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 fiorini. Gold coins included the sequin (Italian: zecchino), ruspone and 80 fiorini, the latter two equalled 3 and 10 sequins respectively.