Genoese lira
The mint in the Republic of Genoa began its production around 1138,[1] with coins introduced in line with similar versions issued in the rest of Europe, as follows:[2] Genoese currency became important in the 16th century during the Golden age of Genoese banking, with the Spanish Empire funnelling its massive wealth from Spanish America through the Bank of Saint George.Genoa then introduced new coins, namely:[4] With the decline in the fortunes of the Genoese banks and the Spanish Empire in the 17th century, however, the Genoese lira also depreciated substantially.[5] The lira in existence from the 12th century was later called the lira moneta buona (good money) or lira fuori banco (outside the bank) to disambiguate from the huge array of auxiliary units used by Genoa's banking industry to account for various currencies brought there over the centuries.[6] Each lira or unit below also divided into 20 soldi or 240 denari; the various units are as follows:[7] After the 1746 siege the Genoese lira was devalued with the scudo d'argento rising from 8.74 to 9.5 lire (or 3.86 g fine silver in a lira).However, the Mint of Genoa remained in operation by issuing coins until 1860.
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