Pignatelle Counterstamped ND
1592 year| Silver | 3.20 g | 26 mm |
| Issuer | City of Geneva |
|---|---|
| Period | Lordship and Republic of Geneva (1534-1798) |
| Type | Standard circulation coin |
| Year | 1592 |
| Value | 1 Pignatelle = 3 Sol, 6 Denier (7⁄192) |
| Currency | Thaler (1535-1792) |
| Composition | Silver |
| Weight | 3.20 g |
| Diameter | 26 mm |
| Shape | Round |
| Orientation | Coin alignment ↑↓ |
| Demonetized | Yes |
| Updated | 2024-10-07 |
| Numista | N#92060 |
|---|---|
| Rarity index | 97% |
Reverse
"IHS" counterstruck on a French pignatelle.
Lettering:
P .SIT. NOMEN. DOMINI. BENEDICTVM. 1585
IHS
Comment
Due to numerous forgeries in circulation, Geneva counter-struck French pignatelle coins with "IHS" in 1592. These counter-struck coins were then used within Geneva with a value of 3 1/2 Sols. The struck coins are from various years.Interesting fact
One interesting fact about the Pignatelle (Counterstamped) ND (1592) from City of Geneva is that it was used as a form of currency during a time of economic turmoil in the city. In the late 16th century, Geneva was facing a severe financial crisis, and the city's authorities decided to mint their own coins to address the issue. The Pignatelle was one of the coins minted during this time, and it was used as a medium of exchange for goods and services within the city. Despite its small denomination, the Pignatelle played an important role in facilitating economic transactions during a difficult period in Geneva's history.
