Livre parisis

From Wikipedia, the free encyclopedia

The livre parisis (Paris livre (pound)) was a standard for minting French coins and a unit of account. Unlike the livre tournois, which was divided into 20 sols each of 12 deniers, the livre parisis was divided into 20 sols each of 15 deniers, meaning that the livre parisis was worth 25 sols tournois (i.e., the livre tournois was worth 4/5 of the livre parisis).

Before the seizure of the Anjou region around Tours by Philip II of France in 1203, the livre parisis had been the official coin of the Capetian dynasty. It ceased to exist as an actual coin under Louis IX and the livre tournois outstripped the livre parisis as a unit of accounting. Despite this, a monetary unit of accounting based on the livre parisis continued to be used in some places in France and was not officially abolished until 1667 by Louis XIV of France.

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