With hindsight, we now know that the Duce’s downfall did not in fact mark the end of Fascism. Within two months, the Italian state had collapsed, the peninsula was occupied by foreign armies, and Mussolini was installed as the head of a Nazi puppet state in northern Italy. July 25th thus represents a false dawn, a liminal moment in which Italians struggled to come to terms with the closing of the “Fascist era” and the uncertain future that now confronted them. That their responses and assumptions were proved wrong does not mean that they are not worthy of closer examination. This paper explores popular reactions to the announcement of the Duce’s dismissal, both individual– as expressed in diaries, letters and reminiscences – and collective, like mass demonstrations and acts of iconoclasm. In this way, July 25th provides a window into ordinary Italians’ attitudes toward the Fascist “experiment,” into their experiences during a moment of profound upheaval and, more broadly, into the affective dimensions of regime change.