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200 Lire

Issuer Regie Finanze, Kingdom of Piedmont-Sardinia
Year 1799
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Reference(s) P#S133
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Reverse description Uniface; the reverse is blank save for the watermark text visible through the paper substrate and minor show-through from the obverse vignettes. The aged cream paper exhibits toning and foxing consistent with a note of this period.
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Protection description Watermark reading BIGLIETTO DELLE REGIE FINANZE impressed into the paper substrate.
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Comments

Issued by the Regie Finanze — the royal treasury administration, not a central bank — at a moment when the Kingdom of Piedmont-Sardinia was in acute crisis. French forces had occupied much of the mainland territories by 1798, forcing Charles Emmanuel IV to abdicate his continental holdings and retreat to Sardinia. This note belongs to the last gasp of Piedmontese paper currency before French annexation of Piedmont in 1798–1800 effectively ended the kingdom's mainland financial apparatus entirely.

Survival rate is low. Notes from this final period were issued under administrative collapse and had no orderly redemption.