268, Lot: 517. Estimate $100. Sold for $200. This amount does not include the buyer’s fee.

ITALY, Piemonte. Repubblica Subalpina. 1800-1801. AR 5 Francs - Scudo (39mm, 24.76 g, 6h). Dated L’AN 9 (AD 1800). 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 within wreath. CNI II 2; KM C4 var. (date). VF, toned, scratches on reverse.

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.