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100 Lire

Issuer Regie Finanze (Royal Treasury of Piedmont-Sardinia)
Year 1746
Type Standard circulation banknote
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Obverse lettering 100 lire cento. Per il Capitale di Torino il po. Geno. 1746. Mastro Auditore Mastro Auditore Tesoriere Generale Controlore della Tesa. Gle.
(Translation: 100 One Hundred Lire For the Capital of Torino 1746 Auditor Master Auditor Master General Treasurer)
Reverse description The reverse is plain cream-coloured paper, largely unprinted, with a show-through of the obverse letterpress text visible in mirror image. A manuscript ink stroke is present across the upper portion, consistent with a cancellation or handling mark. The surface exhibits the typical hand-cut uneven edges of early 18th-century fiscal paper.
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Comments

The Regie Finanze notes of 1746 belong to one of the earliest experiments in paper currency on the Italian peninsula — issued not by a bank but directly by the royal treasury of the House of Savoy during a period of acute fiscal pressure following the War of the Austrian Succession. Piedmont-Sardinia had been fighting since 1742, and by 1746 the strain on specie reserves forced Carlo Emanuele III's government to authorize circulating treasury paper as a stopgap liquidity measure.

These were hand-completed documents rather than mass-printed notes in any modern sense, closer in format to a numbered warrant than a banknote. Survival is extremely rare — period paper in Turin's climate was unforgiving, and most were redeemed or simply degraded beyond use within a generation.

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