The first banknotes issued in Italy appeared in the 18th century when Italy was still a collection of
kingdoms and dukedoms. We bought our notes from the descendants of the family that first
issued them. Printed in black on white on thick watermarked paper these 100 lire notes are dated 1765
and are unissued.(PS113r) The main illustration is of a crowned shield with two cherubs and an eagle
below with a ribbon in its mouth. A special price: instead of £195, this terrific
note is available for just £135.00.