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100 Lire

Issuer Banca Nazionale nel Regno d'Italia
Year 1882
Type Standard circulation banknote
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Reverse description At centre, an encircled portrait vignette of Italia Turrita faces left, set within a double-ring border, itself surrounded by elaborate guilloche ornaments in varying tones of green and grey that connect all design elements and loop around the two outer circles. The denomination 100 and CENTO appear in each corner, at upper and lower centre, along the inner circle border and within a matrix strip on the right border, rendered in white against the green and grey ground. Series number appears at upper left and lower right; serial number at upper right and lower left.
Reverse lettering 100 - CENTO - CENTO - 100 - CENTO - CENTO - 100 BIGLIETTO GIA' CONSORZIALE
(Translation: 100 - HUNDRED - HUNDRED - 100 - HUNDRED - HUNDRED - 100 ALREADY CONSORTIUM TICKET)
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Comments

Banca Nazionale nel Regno d'Italia was not Italy's central bank in any modern sense — it was the dominant but perpetually contested issuing institution in a country that still permitted several regional banks to print competing currency. The 1882 date places this note squarely in that uneasy pluralism, nearly two decades before the Banca d'Italia absorbed it in 1893 following the catastrophic Banca Romana scandal, which exposed fraudulent over-issuance across the Italian banking system and forced a long-overdue consolidation.

Printing at the San Teodoro facility in Rome was handled entirely in-house by the state apparatus — unusual for the period, when major European issuers routinely contracted private security printers abroad. The watermark remains the sole mechanical security feature on this type.

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