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20 Lire Cassa Veneta dei Prestiti
| Issuer | Cassa Veneta dei Prestiti |
|---|---|
| Year | 1918 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | P#M7 |
| Obverse description | The obverse is divided into a left vignette panel and a central text field. The vignette presents a profile bust of Athena (Minerva) facing right, set against an ornate guilloche underprint; the denomination numeral '20' appears within guilloche cartouches at each corner, and the CVP monogram of the issuer is centered at the top flanked by decorative scrollwork. The series number is placed at lower left and the serial number at lower right, with the full issue title and legal-tender clause rendered in letterpress across the central field. |
|---|---|
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| Protection description | Not present. |
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| Comments |
The Cassa Veneta dei Prestiti was an Austrian military finance institution established specifically to manage currency circulation in the occupied Veneto following Italy's catastrophic defeat at Caporetto in October 1917. These notes were denominated in Italian lire rather than kronen — a deliberate policy choice to ease acceptance among a hostile civilian population that had no familiarity with Habsburg currency and no reason to trust it.
The arrangement was short-lived. Austria's collapse in November 1918 left the notes in legal limbo, and the Italian government subsequently redeemed them at par, a decision that was far from guaranteed at the time of issue.