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| Issuer | Piedmont-Sardinia, Kingdom of |
|---|---|
| Year | 1765 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | 274 × 110 mm |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse displays an overall vertical V-pattern guilloche underprint covering the entire surface of the note, serving as the principal security design element. |
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| Protection type | Log in to see details |
| Protection description | Vertical V-pattern watermark extending over the entire surface of the note. |
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| Comments |
Among the earliest formal paper money issued on the Italian peninsula, this note predates the unification period by nearly a century and was produced under the financial administration of the Kingdom of Sardinia during a period of chronic war debt and strained treasury reserves. The Savoyard monarchy had experimented with interest-bearing paper instruments since the 1740s, and by the 1760s the Biglietti di Credito had become a semi-regularized part of state finance rather than a true emergency measure.
The watermark is the primary anti-counterfeiting device — printing technology and engraving sophistication in Piedmont at this date were insufficient to offer much else.