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25 Lire

Issuer Regie Finanze (Kingdom of Piedmont-Sardinia)
Year 1792-1794
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Value 25 Lire (10)
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Obverse lettering Lire Venticinque Torino il primo Giugno 1794 / P.5. P.5. 25 / Mastro Uditore / Mastro Uditore / Tesoriere Gener.le / Controll. della S.G.le / BIGLIETTO DI CREDITO VERSO
Reverse description Uniface; the reverse is unprinted, showing only the plain laid paper stock. A faint show-through impression of the obverse letterpress text is visible, consistent with the thin paper used for this issue.
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Comments

The Regie Finanze notes of the early 1790s were a direct fiscal response to the financial strain placed on Piedmont-Sardinia by the French Revolutionary Wars — the kingdom needed liquidity fast, and conventional coin supply couldn't keep pace. These assignat-adjacent instruments were produced domestically in Turin rather than contracted abroad, which was unusual for a state that had previously relied on outside expertise for security printing.

The series ran only a few years before monetary conditions forced revision. Short emission windows like this typically mean lower surviving populations, particularly in higher denominations where hoarding was less common than with small change notes.

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