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When Charles of Bourbon ascended the Throne of Naples
in 1734, the basic monetary unit was the ducat ,
a silver coin weighting about 22 grammes and containing
9/10 of pure silver and 1/10 of an alloy (copper).
The ducat was divided into 10 carlins, each one in
turn divided into 10 grains, and each of these into
12 horses.
There were also gold ducats, although new gold ducats
had not been minted since 1649.
The monetary system during the
rule of Charles of Bourbon
As concerns gold coins, soon after ascending the Throne,
Charles continued the minting of small gold coins
in Sicily, as it had been made in the past, but in
Naples he preferred to mint multiples of the gold
ducat, due to the huge increase of the gold/silver
ratio (1 to 14½) in comparison to the past.
And therefore he minted ducats with a face value of
2, 4 and 6, at the title of 21¾, i.e. about
906 thousandths of pure metal.
The 6-ducat coin was also called Neapolitan uncia,
to differentiate it from the Sicilian unciae, since
the latter had half of the weight and therefore half
of the value of the Neapolitan unciae.
Gold coins were minted from 1749 to 1756.
As concerns silver coins, he continued to mint large
silver coins: the piasters (gr. 25. 61) which were
worth 12 carlins, or 120 grains, and their half-value
coins, where an inscription reads “De Socio
Princeps” (“From Allied to Sovereign”),
a clear reference to the fact that with Charles the
Kingdom of Naples - once “Hapsburg Vice-royalty”
and “Spanish Province” - had become an
independent and sovereign nation from all points of
view..
These pieces, with a fineness of about 900 thousandths,
were minted from 1734 to 1736. In 1747 a commemorative
minting was made for the birth of the first son, Prince
Philip: two artistic coins were minted - one piaster
and half piaster - showing the heads of Charles and
Maria Amalia on their obverse, and a sitting woman
with a child on her right arm on their reverse; their
boarding bears the inscription “Firmata Securitas”,
to stress the certainty of the family descent and
therefore the independence of the Kingdom.
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Form
that very year and until 1749, piasters and
half-piasters bearing the inscription “De
Socio Princeps” were minted, whereas from
1750 they showed the right side of the bust
of the sovereign.
We must also mention carlins and half-carlins,
worth 5 grains, popularly called “cingranella”,
showing on their reverse the Goddess of Plenty
depicted as she was scattering coins.
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As concerns copper coins, the minting
included the “public” or 3 tournois coin,
the grain or 12 horses, the 9 horses coin, the tournois
or 6 horses, the 4 horses and three horses coins.
The monetary system under
Ferdinand IV
Due to the very long reign of this sovereign,
the minting is vast. According to the historic phases
of the king’s life, three periods are detected.
In the first, longest, peaceful and rich phase (1759-1799),
Ferdinand continued the gold minting started by his
father and issued coins valued 6, 4 and 2 ducats with
the same title and weight ( 21¾ carats) set
by Charles.
The minting of gold coins continued until 1785 and
many coins were minted, more than 3 million pieces!
The sovereign is depicted in various attitudes and
at different age, from his childhood to his manhood.
As concerns silver minting, the first coin was a half-piaster
coin minted in 1760 and also called “pupillare”
(at that time Ferdinand was just 9 years old). Then
two coins were issued depicting the sovereign in his
prime (1766 e 1767), and after them a coin in 1772
to commemorate the birth of his first child Maria
Teresa, showing the heads of Ferdinand and Maria Carolina
on its obverse and a sitting woman with a baby on
her lap on its reverse; on the background, the Sebeto,
the Vesuvius and the sea with a vessel; in the boarding,
the inscription “Fecunditas”.

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Other
two commemorative piasters were minted in 1791,
to commemorate the trip to Austria made by the
Sovereigns who accompanied the two princesses
Maria Teresa e Maria Louisa, future brides of
the Archdukes Francis and Ferdinand, sons of
Grand Duke Leopold. |
The first coin, a rarity, shows
on its obverse the heads of the sovereigns and on
its reverse the Sebeto and Parthenope depicted as
she was making a sacrifice on an altar; on the background,
the Vesuvius, on the boarding the inscription “Pro
Fausto Reditu P.P. Vota Soluta” (votive offering
made for a safe return of the sovereigns).
The second coin shows the same picture on its obverse,
but its reverse shows 4 signs of the zodiac (Libra,
Scorpio, Sagittarius and Capricorn), which are zodiac
signs after the departure of the sovereigns.
These two piasters, as all the subsequent pieces (piasters,
half piasters, ducats and half ducats, tarì
and carlins) were minted with a fineness of 833/1000,
which means that they contained 5/6 of pure metal
and 1/6 of alloy, and therefore they were less “worth”
than the previous ones.
Before the events of 1799 (the flight of the Court
from Naples to Palermo after the Napoleonic invasion
which led to the Neapolitan Republic) some piasters
were minted bearing the year 1799, and the minting
was resumed in July, when the sovereigns came back
to Naples.
As concerns copper coins, the minting set by Charles
was continued; moreover, in the ‘90s, three
new coins multiple of the grain were minted: a 10
tournois coin (5 grains), a 8 tournois coin (4 grains)
and a 5 tournois coin.

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In
the second period of his Kingdom (July 1799-1806),
Ferdinand minted silver piasters with the
thousandths 1799, 1800 and 1802, and therefore
1804 (very rare); finally in 1805, he minted
an artistic piaster and an half piaster. As
concerns copper , he eliminated the 10, 8
and 5 tournois coins and minted 3 and 2 grain
coins, i.e. 6 and 4 tournois coins bearing
the portrait of the Sovereign, and also the
grain of 1800  ,
the 9, 4 and 3 horses coins.
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The coins minted in 1805 were the last to bear the
initials of the minting master.
Finally, in the third and last phase of his kingdom
(after the fall of Murat), Ferdinand immediately minted
a beautiful piaster, a carlin and an elegant and rare
half piaster.
In 1816, a 8 tournois and a 5 tournois were minted
in copper, «with a better and more distinguished
design, shape and weight»  .
When the two kingdoms of Naples and Sicily were unified
and became a single Kingdom (of the Two Sicilies),
on 20 April 1818 a law was issued abolishing the legal
ratio among coins produced with the three different
metals. This law ruled that the basic monetary unit
was the silver ducat, equal to 22.94 grammes and a
fineness of 833/1000, which means 5/6 of pure metal
and 1/6 of alloy. Future gold coins would be just
fiduciary currency and had to be minted with almost
pure gold, precisely a title of 996/1000. Nominal
value was also recognised to coins introduced by the
Neapolitan Republic and by Murat. Then for the first
time three beautiful pure gold coins were minted.
As concerns silver coins, the minting included piasters,
half piasters, a very rare tari and a carlin, all
showing the thousandth 1818 to comply with the above
mentioned law.
As concerns copper coins, the minting included a 10
tournois coin, or 5 grains  ,
a 8, 5, and 4 tournois coins and a one tournois coin,
with very rare variants. |