The Farnese letter

In April 1542 a letter left Rome for the court of Charles V in Spain. On its first page the Italian stops in the middle of a line and digits begin:

*Figure 1. The opening of the cipher, f. 70r. Archivio Apostolico Vaticano (AAV), Segr. Stato, Spagna 1A, photograph supplied through DECODE record 92. Detail enlarged from the photograph.*

Read with the key recovered below, the first ten digits group like this:

73  4  57  4  9  03  5
 d  o   p  o  ·   l  a

Dopo la, "after the". The 9 stands for nothing: it is a null. The difficulty is deciding where each code ends. 73 is *d*, but 7 3 is also two letters, n m. Even with the key, a run of digits can be read more than one way.