Catalog
10 Ducati
| Issuer | Banco Giro di Venezia |
|---|---|
| Year | 1798 |
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| Reference(s) | P#S181 |
| Obverse description | Unprinted white paper note of letterpress type, with ornamental vignettes along the left margin, a Habsburg imperial eagle at the top centre, and the Lion of Saint Mark at the bottom centre. The body of the note is occupied entirely by the issuing text in period Italian script, authorising the cedola as legal tender for all royal and public treasury payments under the proclamation of 1 October 1798. |
|---|---|
| Obverse lettering | DUCATI 10 DUCATI DIECI CEDOLA Del Banco giro di Venezia Che Sarà ricevuta Come dinare effettivo da tutte le Casse Regie e Pubbliche in pagamento delle Contribuzioni daziarie, fondiarie, e qualunque altra Come pure dalla Casa del Banco giro per il Cambio in partita IN CORRELAZIONE del proclama del primo Ottobre 1798. PER DUCATI DIECI da £8. |
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| Comments |
The Banco Giro di Venezia was one of Europe's older state-backed institutions, but by 1798 it was effectively a dead bank walking. Napoleon had dissolved the Venetian Republic in May 1797 with the Treaty of Campo Formio, handing Venice to Austria — and the banco's notes, already under strain from wartime financing, entered a period of profound institutional uncertainty. This 10 Ducati note was issued into a city no longer governed by those who created it.
The watermark security is typical of Venetian paper practice, relying on the established local papermaking tradition rather than any foreign printing house. Pick S181 places it among the final emissions of a centuries-old monetary system that simply ran out of political ground.