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Auction: 16018 - Bonds and Share Certificates of the World
Lot: 931

Monte di Pieta della Citta di Firenze, 4% loan, nominative certificate [1657], Medici arms as Grand Dukes of Tuscany at top, black printing, on vellum, paper and wax seal at bottom left, sevral signatures at bottom, VF

Originally charitable pawnbrokers formed in the 15th century to combat usury, these have developed into more traditional banking institutions. The Medici family were great promotors of these institutions and all certificates are now difficult to find, especially those dated before 1700.

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Sold for
£1,200