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100 Lire Banca Belinzaghi

Issuer Banca Belinzaghi S.p.A.
Year 1977
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Value 100 Lire (100 ITL)
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Obverse description Assegno circolare (cashier's check) format printed in black on a blue and green underprint. The issuing bank's full corporate details and registered address appear in the upper inscription band, with the promise-to-pay text and denomination LIRE *CENTO* set in the body of the instrument. A serial number is printed in black at the lower left, with additional machine-printed control codes along the lower margin.
Obverse lettering MILANO, LA BANCA BELINZAGHI SOC. PER AZ. - CAP. L. 1.000.000.000 INT. VERS. - RIS. L. 1.600.000.000 - MILANO - VIA ANDEGARI 14 - REG. IMPR. DI MILANO N. 8.477 pagherà a vista per questo Assegno Circolare Lire *CENTO* all`ordine ____________________ N° BANCA BELINZAGHI
(Translation: Milan, The Bank of Belinzaghi Ltd. Co. - Capital: 1,000,000,000 Lire - Reserves: 1,600,000,000 Lire - Milan - Andegari Street 14 - Registered in Milan No. 8477 will pay One Hundred Lire for this cashier's check on sight. by order of (payee) Bank of Belinzaghi)
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Comments

Banca Belinzaghi was a small Milanese private bank whose fiduciary notes circulated as a local emergency substitute during the Italian "coin shortage" crisis of the 1970s — a period when the state mint could not keep pace with demand for small-denomination coinage and merchants resorted to issuing their own paper scrip, telephone tokens, and candy in lieu of change. These notes had no legal tender status but were widely accepted within limited commercial networks in northern Italy.

The Banca d'Italia eventually moved to suppress privately issued circulating substitutes, making this series short-lived. Few examples survived casual commercial use.

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