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100 Lire Banca Industriale Gallaratese

Uitgever Banca Industriale Gallaratese S.p.A.
Jaar 1976-1977
Type Local banknote
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Beschrijving voorzijde Plain light-coloured note with an all-over geometric guilloche underprint in pale blue-grey. The upper left carries the stylised triangular BIG logotype in dark blue alongside the full bank name BANCA INDUSTRIALE GALLARATESE and registered-office details. A bold boxed denomination panel reading '100 LIRE' occupies the upper right corner. The centre bears the promise-to-pay text and the payee designation ASSOCIAZIONE ARTIGIANI DELLA PROVINCIA DI VARESE, with a serial number at lower left, place and date at lower centre, and an authorising manuscript signature over the printed bank name at lower right.
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Opschrift keerzijde GIRATE ASSOCIAZIONE ARTIGIANI DELLA PROVINCIA DI VARESE IL PRESIDENTE (Comm. Giannino Turri) 100 LIRE IL PRESENTE ASSEGNO PUÒ CIRCOLARE SOLO IN ITALIA
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Opmerkingen

Banca Industriale Gallaratese was a small regional institution based in Gallarate, in the Varese province of Lombardy. These 100 Lire notes were emergency fiduciary scrip — locally produced to substitute for the small-denomination coin shortage that plagued Italy through the mid-1970s, when rampant inflation caused metal coins to disappear from circulation almost entirely. The phenomenon was widespread enough that Italian merchants, banks, cooperatives, and even telephone companies issued their own paper substitutes, creating a patchwork of quasi-currency that the Banca d'Italia ultimately moved to suppress.

Locally printed issues from smaller provincial banks like this one had extremely limited geographic reach and short operational lifespans, which kept surviving quantities low.

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