Description

The Court of Audit (Italian: Corte dei conti) is an institution of constitutional importance, established by Articles 100 & 103 of the Constitution of Italy. The Court of Audit has consultative, review, and jurisdictional functions.

Although its organisation and powers have changed over time, the Court of Audit dates back to the early years of the Italian state. It was instituted by Law no.800 of 14 August 1862, in order to monitor the administration of the state, and was inaugurated at Turin on 10 October 1862.

Artist: Roberto Mauri

Obverse

Depicts a portrait of Count Cavour as depicted in a painting by Francesco Hayez (Pinacoteca of Brera in Milan). Ab both sides a famous sentence by Cavour sanctioned the absolute necessity of establishing a Court of Auditors ("It is an absolute necessity to concentrate the preventive and consumptive control in an inflexible magistrate"). Mintmark "R" at left, below the sentence.

Camillo Paolo Filippo Giulio Benso, Count of Cavour, Isolabella and Leri (1810–1861), generally known as Count Cavour was an Italian statesman and a leading figure in the movement toward Italian unification. He was one of the leaders of the Historical Right, and Prime Minister of the Kingdom of Piedmont-Sardinia, a position he maintained (except for a six-month resignation) throughout the Second Italian War of Independence and Garibaldi's campaigns to unite Italy. After the declaration of a united Kingdom of Italy, Cavour took office as the first Prime Minister of Italy; he died after only three months in office, and thus did not live to see Venetia or Rome added to the new Italian nation.

REPUBBLICA
E' assoluta | necessità
concentrare | il controllo
preventivo e | consuntivo
in un | magistrato
inamovibile
C. Cavour
R
ITALIANA

Reverse

Depicts the Maces of Justice from the Court of Audits of the Kingdom of Sardinia and the "tocco", the typical hat of the President of the Court. The value and engraver's initial (m) in the centre. The inscription "Court of Audit" above.

CORTE DEI CONTI
5
EURO
m
1862 2012

Edge

5 Euro

150th Anniversary of the Institution of the Court of Audit

KM# 374
Characteristics
Type Commemorative Issue (Non-circulating)
Material Silver
Fineness 0.925
Weight 18 g
Diameter 32 mm
Thickness -
Shape round
Alignment Medal
Mint
Italian State Mint and Polygraphic Institute (IPZS)

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