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The Coinage of Malta


French Rule, 1798-1800

When Napoleon landed in Malta, he seized whatever gold, silver and precious stones he could find in the Co-Cathedral of the Knights (the Church of St John) in Valletta and various other churches and institutions elsewhere in the Island. Some of the silver found was melted down at the Malta Mint and struck into 30 and 15 Tari pieces depicting the bust and arms of Hompesch, the last Grand Master of the Order to govern in Malta.

In September 1798 the Maltese revolted against the French. All the gold and silver of the Monte di Pieta’, a state-owned pawning institution, was seized by the French and later used to finance the troops and inhabitants during the blockade of Valletta by the Maltese insurgents. As no coins could be minted owing to the lack of certain materials, the French struck ingots made of gold and silver during the blockade of the French garrison in Valletta. These ingots circulated for a time as money. On one side of the ingots were stamped the arms of the city of Valletta and on the obverse the value in Scudi, Tari and Grani.


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