Banking records found under 15th century heraldry

Economic historians at Queen Mary, University of London have discovered Italian banking records dating to the early 15th century half covered by English coats of arms in a book of British heraldry.

Dr. Francesco Guidi-Bruscoli, a research fellow at Queen Mary, has worked on the banking project for over ten years. He was surprised at the discovery since most Florentine bankers sent their records back to Italy. “In this case, the books remained in London, where they gradually lost their documentary value and some 55 years later were considered scraps of good quality paper to be re-used for the drawing of coats of arms,” Guidi-Bruscoli said.