Bormio, a small Alpine comune in Lombardy, issued this piece in 1972 as a local trade token denominated in Marengi — a unit name deliberately evoking the Marengo gold coinage struck after Napoleon's victory at the Battle of Marengo in 1800. The historical allusion was purely ceremonial; the piece circulated within a narrow regional economy, likely tied to the tourist trade that had grown around Bormio's thermal baths and ski infrastructure in the postwar decades.
Bormio, a small Alpine comune in Lombardy, issued this piece in 1972 as a local trade token denominated in Marengi — a unit name deliberately evoking the Marengo gold coinage struck after Napoleon's victory at the Battle of Marengo in 1800. The historical allusion was purely ceremonial; the piece circulated within a narrow regional economy, likely tied to the tourist trade that had grown around Bormio's thermal baths and ski infrastructure in the postwar decades.