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10 000 Lire Michelangelo

Issuer Banca d'Italia
Year 1962-1973
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Currency Lira (1861-2001)
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Obverse lettering BANCA D'ITALIA LIRE DIECIMILA PAGABILI A VISTA AL PORTATORE IL GOVERNATORE IL CASSIERE 10000 10000 BAIARDI INC MICHELANGELO OFFICINA DELLA BANCA D'ITALIA F. MASINO BESSI INV.
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Protection description Michelangelo's David head, visible when held to the light in the blank oval area on the obverse.
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Comments

The 10,000 Lire denomination was the highest-value circulating note in Italy for most of this series' lifespan — a significant sum in the 1960s, when average industrial wages were still measured in hundreds of lire per day. The long print run spanning over a decade reflects steady demand rather than any single monetary event, though Italy's postwar economic boom drove chronic upward pressure on the need for high-denomination paper.

Printed entirely in-house by the Banca d'Italia's own Rome facility, with engraving split between Baiardi on the obverse and Cionini on the reverse — an uncommon division of labor that occasionally produces subtle tonal inconsistencies between the two faces when examined under raking light.

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