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1 Lira

Issuer Comune di Venezia (Republic of San Marco, Venice, Italian States)
Year 1848
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Composition Paper
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Obverse description The obverse carries the principal text in letterpress across the face, with the denomination and issuing authority inscribed as the central legend. Embossed dry seal of the Banco Nazionale di Venezia at centre bears the winged Lion of Saint Mark. Coats of arms of Venice and Milan appear at lower left and lower right respectively.
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Protection description Dry embossed seal of the Banco Nazionale di Venezia with the winged Lion of Saint Mark applied to the obverse; orange-red ink stamp of the Comune di Venezia applied to the reverse.
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The Comune di Venezia issued this note during the revolutionary Republic of San Marco — the short-lived Venetian state that declared independence from Austrian rule in March 1848 under Daniele Manin. Paper currency became an immediate necessity; the new government had no coin reserves and needed to pay troops, suppliers, and administrators from practically the first week of existence. These small-denomination notes were printed and circulated under genuine wartime pressure, not as a peacetime monetary convenience.

The Austrian siege lasted until August 1849. Many notes were redeemed, destroyed, or simply lost during the capitulation and subsequent reoccupation. The embossed seal was the primary — and rather minimal — anti-counterfeiting measure available to a government operating under blockade.

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