
Papacy
Paul IV, Pope 1555-1559
Muntoni 47; Berman 1047, PCGS graded AU-58
Bologna. PAVLVS IIII PONT MAX, Papal arms. Reverse: BONONIA DOCET, cross fleury between two shields.
The tyrannical and autocratic rule of Pope Paul IV was very damaging to the Papacy. Instead of attempting some sort of dialogue with the emerging Protestant movement, Paul IV instituted new repressive institutions like the Roman Inquisition and the Index of Forbidden Books. The Pope also earned a place in infamy for establishing a Jewish ghetto in Rome and creating three of his nephews as cardinals. These are said to have ruled their territories with even greater despotism than their uncle.