Timeline

• Duchy of Milan:
  - Accounting unit: Milan Lira at 67½ pieces to the Cologne mark fine silver (Lira: 3'464.53mg AG fine)
  - Real coins based on the Milan Thaler (Scudo) of 6 Lire.
• Republic of Venice:
  - Accounting unit: Venice Lira at 99²⁄₅ pieces to the Cologne mark fine silver (Lira: 2'352.67mg AG fine)
  - Real coins based on the Venice Thaler (Scudo della Croce) of 12²⁄₅ Lire
  - Trade coins based on the Ducat (Zecchino) at 67 pieces to the Cologne mark fine gold 23²⁄₃ carats (Ducat: 3'441.90mg AU fine) and the lighter "Levant (or Marcus)" Thaler of 10 Lire in silver.

Timeline

• 21.03.1806
• Royal decree [No. 21] on the adoption of the French bimetallic currency; effective immediately
• 12.01.1807
• Royal decree [No. 294] on the specifications of the new coinage; effective immediately
• 21.12.1807
• Royal decree [No. 281] on the rating of the former coinage; effective immediately:
  - Gold: Venice Ducat (Zecchino) at 12.03 Italian Lire;
  - Silver: Milan Scudo at 4.60 Italian Lire; Venice Scudo at 6.66 Italian Lire.

Valuation Regimes

• 1806-1823
• Metallic currency based on circulating gold and silver coins. Base weight was the kilogram which was introduced by ordinance of 31.10.1803 and originally referred to as "Metric Pound (Libbra Metrica)".

Timeline

• 01.11.1823
• Royal coinage decree [Patente di monetazione, No. 21] on the adoption of a bimetallic currency adapted to the Austrian silver standard at the rate of 1 Austrian (Convention) Thaler = 6 Lombardo-Venetian Lire; effective immediately; the former coins were not demonetized but rated by Royal decree [Nr. 281] of 21.12.1807:
  - Gold: 20 Italian Lire at 17.40 L.-V. Lire; Venice Ducat (Zecchino) at 13.50 L.-V. Lire;
  - Silver: 5 Italian Lire at 4.35 L.-V. Lire; Milan Scudo at 5.29 L.-V. Lire; Venice Scudo at 7.65 L.V. Lire.
• 01.11.1823
• Start of issuance of the new coinage by the mints of Milan, Venice and Bologna; the former coins were not demonetized but rated by Royal decree [Nr. 281] of 21.12.1807:
  - 31.01.1827: Demonetization of the pre-Napoleonic coinage (by ordinance of 15.09.1826)
  - 30.04.1829: Demonetization of the (Napoleonic) Italian and French coinage.
• 1848-1849
• Pro-Italian revolution in Lombardy-Venice; the provisional governments ordered the issuance of gold and silver coins in the Sardinian (Italian) standard. The coins were demonetized without compensation after the end of the rebellion:
  - 27.05.1848: Ordinance of the provisional government of Lombardy on the issuance of gold coins of 40, 20 Italian Lire
  - 14.01.1848: Ordinance [No. 391] of the provisional government of Venice on the issuance of a gold of 20 Italian Lire
  - 29.06.1848: Ordinance [No. 9346] of the provisional government of Venice on the issuance of a silver coin of 5 Italian Lire
  - 29.11.1848: Ordinance [No. 5232] of the provisional government of Venice on the issuance of a silver coin of 5 Italian Lire
  - 10.12.1848: Ordinance [No. 6947] of the provisional government of Venice on the issuance of a subsidiary coin of 15 Italian Cents
  - 15.01.1849: Ordinance [No. 565] of the provisional government of Venice on the issuance of subsidiary coins of 5, 3, 1 Italian Cents.

Valuation Regimes

• 01.11.1823
• Metallic currency based on circulating gold and silver coins.

Timeline

• 19.09.1857
• Austrian coinage Act [Kaiserliches Patent] implementing the Treaty of Vienna, abolishes the separate currency in Lombardy-Venice; effective (through additional act of 24.04.1858 specifying the coin sizes) 01.05.1858.
• 01.05.1858
• Start of currency exchange:
  - 01.05.1858: Start of issuance of the new coinage, Austrian coins were now produced in the Milan and Venice mints
  - 31.10.1858: Demonetization of the former currency.
• 06.02.1862
• Ordinance on the production of a subsidiary coin for the Venice province; effective immediately