Italy
Paul Gucci as Emperor Bronze Medal 22mm (3.20 grams) PAOLO ARTFICEI CREATUS PAOLO GUCCI, Gucci facing right.
PAOLO ARTFICEI CREATUS PAOLO GUCCI PAOLO DEISNGED BY PAOLO GUCCI, Ornate Knight
with shield.
Medal Notes:
This medal was given to Gucci’s best customers.
You are bidding on the exact item pictured, provided with a Certificate of Authenticity and Lifetime Guarantee of Authenticity.
Paolo Gucci (29 March 1931 – 10 October 1995) was an Italian businessman and fashion designer. He was the one-time chief designer and vice-president of Gucci. He is credited with helping design Gucci’s famous double G logo.
Paolo Gucci was born on 29 March 1931 in Florence, the son of Olwen Price and Aldo Gucci, who was the son of Gucci founder Guccio Gucci. He was the chief designer of Gucci in the late 1960s. In 1978, his father named him the vice-president of Gucci.
In 1980, Paolo secretly launched his own business using the Gucci name without telling his father, nor his uncle Rodolfo. When they found out, they were both infuriated and fired him from Gucci in September 1980. In addition, his father Aldo sued him, threatening to cut off any Gucci supplier who signed on with Paolo.
In 1984, seeking revenge, Paolo got his father Aldo removed from the company with the help of his cousin Maurizio Gucci, who had recently become the majority shareholder. In addition, Paolo also tipped off the IRS about his father’s tax evasion. In 1986, Aldo was sentenced to one year and one day in prison for tax evasion. In 1987, Paolo sold all his shares in Gucci to Investcorp for $42.5 million. Due to spending extravagant amounts of money and bad business decisions, he filed for bankruptcy in 1993.
In 1952, Paolo Gucci married Yvonne Moschetto and had two daughters with her, Elisabetta and Patrizia. Their marriage dissolved, and in 1977, he married British socialite Jenny Garwood and had one daughter with her, Gemma Gucci. In 1990, he separated from his second wife Jenny Garwood after having an affair with 19-year-old Penny Armstrong. He had two children with her out of wedlock, Alyssa and Gabrielle. In 1994, he spent five weeks in prison for failing to pay alimony and child support to his second wife Jenny Garwood and their daughter. Paolo Gucci died in London on October 10, 1995, at age 64 of chronic hepatitis in the midst of divorce proceedings.
Italyly, officially the Italian Republic (Italian: Repubblica Italiana), is a unitary parliamentary republic in Europe. Italy covers an area of 301,338 km2 (116,347 sq mi) and has a largely temperate climatelo Stivale (the Boot). With 61 million inhabitants, it is the 4th most populous EU member state. Located in the heart of the e Mediterranean Sea, Italy shares open land borders with France, Switzerland, Austria, Slovenia, San Marino and Vatican City.
Since ancient times, Greek, Etruscan, Celtic, and other cultures have thrived on the Italian Peninsula. Rome ultimately emerged as the dominant power, conquering much of the ancient world and becoming the leading cultural, political, and religious centreWestern civilisation. During the Dark Ages, the region suffered sociopolitical collapse amid calamitous barbarian invasions, but by the 11th century, numerous Italian city-states rose to great prosperity through shipping, commerce and banking, and even laid the groundwork for capitalism. The Renaissance led to a flourishing of Italian culture, producing famous scholars, artists, and polymaths such as Leonardo da Vinci, Galileo, Michelangelo and Machiavelli. Italian explorers such as Marco Polo, Christopher Columbus, Amerigo Vespucci, and Giovanni da Verrazzano discovered new routes to the Far Eastst and the New World, helping to usher in the European Age of Discovery. Nevertheless, Italy remained politically fragmented and fell prey to European powers such as France, Spain, and later Austria, subsequently entering a long period of decline that lasted until the mid-19th century.
After various unsuccessful attempts, the second and the third wars for Italian independence resulted in the eventual unification of most of present-day Italy by 1866. From the late 19th century to the early 20th century, the new Kingdom of Italycolonial empire, becoming a great power. However, southern and rural areas of the country remained largely excluded from industrialisation, fuelling a large and influential diaspora. Despite being one of the main victorsrs in World War I, Italy entered a period of economic crisis and social turmoil, leading the way to the rise of a Fascist dictatorship in 1922. The subsequent participation in World War II on the Axis side ended in military defeat, economic destruction and civil war. In the years that followed, Italy abolished the monarchy, reinstated democracy, and enjoyed a prolonged economic boom, thus becoming one of the world’s most developed nations.
Italy has the third largest economy in the Eurozone and the eighth largest economy in the world. It has a very high level of human development and enjoys the highest life expectancy in the EU. Italy plays a prominent role in global military, cultural and diplomatic affairs and is also considered to be a major regional power in Europe. Italy is a founding and leading member of the European Union and the member of numerous international institutions, including the UN, NATO, the OECD, the OSCE, the WTO, the G7/G8, G20, the Union for the Mediterranean, the Council of Europe, Uniting for Consensus, and many more. As a reflection of its vast cultural wealth, Italy is home to 51 World Heritage Sites, the most in the world, and is one of the most visited countries.
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