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ITALY: VENICE: LOT of 3 banknotes

Currency:USD Category:Coins & Paper Money / World Coins - Europe Start Price:30.00 USD Estimated At:40.00 - 60.00 USD
ITALY: VENICE: LOT of 3 banknotes
SOLD
220.00USD+ buyer's premium (44.00)
This item SOLD at 2025 Nov 18 @ 12:18UTC-08:00 : PST/AKDT
IMPORTANT NOTE - The Buyer's Premium is now $20 per lot or 20% of the hammer price, whichever amount is greater. However, we have also reduced opening bids on lower value items to adjust for the new Buyer's Premium structure, so all-in costs are still very close to what they were in the past. This change in fee structure will allow us to continue to offer coins valued at less than $100 in addition to our higher value offerings. Contact us with any questions.
VENICE: LOT of 3 banknotes, National Venetian Bank and of the Commune of Venice emergency issue, includes 1 lira P-S192 (2) and 3 lire P-S187, average quality examples, average quality examples, retail value $100, lot of 3 notes25, ex R. M. Smythe Auction 217, Lot 2110. To supplement monetary circulation and provide further emergency resources after Austrian paper money had been banned, a National Venetian Bank was created and tasked by the Republic with issuing paper money in lire, denominated "patriotic money", whose value was guaranteed by loans provided by the Venetians themselves. In September 1848 patriotic banknotes with a nominal value between 1 and 100 lire were issued, all without reference to the issuer and its authority, but with the joint crests of the cities of Milan and Venice with a red seal stamp on back.