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| 正面描述 | Orange-tinted miniassegno printed on paper, with the bank's name 'LA BANCA POPOLARE DI MILANO' in bold lettering across the upper left, flanked by institutional registration details in small text and the denomination 'LIT. 100' in the upper right corner. A vignette of the bank's neoclassical headquarters building occupies the centre-left, set against a guilloche underprint of radiating lines, with the payee line reading 'Unione Artigiani della Provincia di Milano' and a manuscript signature alongside the bank's circular seal to the right. The lower portion carries a serial number and a magnetic ink character recognition (MICR) codeline. |
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| 正面铭文 | LA BANCA POPOLARE DI MILANO SOC. COOP. A R.L. - FOND. NEL 1865 - SEDE CENT. MILANO CAPITALE VERS. E RISERVE AL 31-12-1975 L. 64.320.322.846 - ISCRITTA AL N. 51 REG. COC. - TRIBUNALE DI MILANO PAGHERA A VISTA PER QUESTO ASSEGNO CIRCOLARE LIRE CENTO a Unione Artigiani della Provincia di Milano BANCA POPOLARE DI MILANO SEDE DI MILANO LIT. 100 |
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Banca Popolare di Milano's 100 Lire note from this period was a direct response to Italy's catastrophic small-coin shortage of the 1970s, when chronic metal supply problems and hoarding stripped centesimi and lire coins almost entirely from daily commerce. Italian banks, cooperatives, and municipalities stepped into the void with their own fiduciary emission notes — technically mini-assegni, circulating checks backed by the issuing institution rather than the state. The Banca d'Italia tolerated rather than sanctioned them.
BPM was among the more prolific issuers. These pieces circulated hard in retail transactions around Milan and degraded quickly as a result.