249, Lot: 431. Estimate $200. Sold for $280. This amount does not include the buyer’s fee.

ITALY, Piemonte. Repubblica Subalpina. 1800-1801. AR 5 Francs (37mm, 24.89 g, 6h). Dated L’AN 10 (1801). Liberty standing left, holding cymbal and pole surmounted by Phrygian cap; behind, Pax standing left, looking right, holding palm frond and wreath / Date and denomination in three lines; all within wreath. CNI II 4; KM C4. VF, toned.

The Subalpine Republic was a provisional government established in the wake of the French conquest of the Kingdom of Sardinia. This short-lived state was dissolved in 1802 and its territory divided between France and Italy.