2 luigini - Marcello I

Seborga's luigino has a genuinely odd history: the original 17th-century silver coin was struck in enormous quantities by small Italian principalities and deliberately debased for export into Levantine trade markets, where Ottoman merchants accepted them at face value without weighing. The modern Principality of Seborga — a village near Imperia whose claimed independence rests on disputed medieval documents — revived the denomination as part of its self-declared sovereignty project. Marcello I, born Giorgio Carbone, held the title of Prince from 1963 until his death in 2009, meaning this 2012 issue is posthumous.