Country: Italy
Issuer: Prima Repubblica Romana – Assignat Issue
SCWPM Catalog No.: P-S534
Date: 1798 (7th Year of the French Republic)
Denomination: 1½ Paoli
Condition: About Uncirculated, very light vertical center fold, four light mounting remnants in the corners.
Description: Black on white parchment type paper watermarked “REP.ROM”. Text bordered by simple engraved frame. Eagle perched top center, Roman Republican stamped seals at top right and left. This note was issued by the Prima Repubblica Romana (First Roman Republic) which was established in February of 1798 by the French Directory as a client republic. The French influence is especially evident in this note, as is it is an assignat, a type of note created by the French which were issued against real property or other assets. A nice note getting scarcer in high grades.