1 Lira Allied Military Currency

Allied Military Currency for Italy was produced in the United States before the Sicily landings of July 1943, with the 1 Lira among the lowest denominations in the series. The BEP handled intaglio work while Forbes Lithograph took on the remaining production volume — a split-printer arrangement driven by sheer quantity demanded, not quality differentiation.

The Badoglio government and later Italian authorities deeply resented AMC notes, viewing them as inflationary instruments outside their control. That resentment was largely correct: the U.S. Army could requisition goods with currency it printed at will, and the resulting inflation in southern Italy was severe well before the war ended.