Catalog
100 Lire Banca Agricola Commerciale della Repubblica di San Marino
| Issuer | Banca Agricola Commerciale della Repubblica di San Marino |
|---|---|
| Year | 1977 |
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| Value | Log in to see details |
| Currency | Lira (1864-2001) |
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| Obverse description | Cheque-format miniassegno issued by the Banca Agricola Commerciale della Repubblica di San Marino, dated 10 March 1977, with the denomination 100 Lire in bold at the upper right and the bank's full corporate title and registered seat at Borgo Maggiore across the upper portion. The face carries a handwritten-style payable order to 'Ditta F.lli Carlini - Radio-TV', a stamped validation number, and a manuscript signature at the lower right. A MICR encoding line runs along the bottom edge, encoding cheque and routing data in accordance with standard Italian banking cheque layout. |
|---|---|
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| Reverse lettering | GIRATE |
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| Comments |
San Marino's domestic banking sector operated under arrangements that allowed the republic's institutions to issue instruments denominated in lire while remaining outside the Bank of Italy's direct regulatory framework — a consequence of the 1939 customs union treaty with Italy rather than any formal monetary autonomy. The Banca Agricola Commerciale occupied a specific niche within that arrangement, serving primarily the agricultural and commercial credit needs of a microstate whose entire territory sits within Emilia-Romagna.
MICR encoding on a 1977 San Marino issue is worth noting — its inclusion reflects alignment with Italian interbank clearing standards of the period, suggesting these instruments were processed through the wider Italian banking infrastructure despite their distinct issuer.