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Research Coins: Electronic Auction

 
379, Lot: 568. Estimate $75.
Sold for $110. This amount does not include the buyer’s fee.

ITALY, Papale (Stato pontificio). Clement XII (Lorenzo Corsini). 1730-1740. Æ Medal (36mm, 21.73 g, 12h). By O. Hamerani . CLEMENS • XII PONT • M •, bust left, wearing tiara and mantum / • NON • QVÆRIT • QVÆ • SVA • SVNT •, allegory of Charity seated facing, head turned downward to right toward children held in arms; trefoil stops. Mazio –; Lincoln 1760; Patrignani 54. EF, attractive reddish-brown surfaces.


One of the oldest men to be elected Pope at the age of 78, Clement XII was given the task of undoing the economic ruin that had been created during the office of his predecessor, Benedict XIII, and his delegate, Niccolò Coscia. This economic reformation included the restoration of the lottery, the issuance of paper money, and the reduction of the weights of minor silver coinage. The financial success of these acts enabled him to commission many public improvements.