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100 Lire Banca Sella

Issuer Banca Sella
Year 1976-1977
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In circulation to 1977
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Obverse lettering Biella 100 Banca Sella Società per Azioni - Sede in Biella A vista pagate per questo Assegno Bancario Lire CENTO all'ordine nostro TABACCHERIA PIRINOLI CORSO MAMELI 155 INTRA
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Reverse lettering IL PRESENTE ASSEGNO PUÒ CIRCOLARE SOLTANTO IN ITALIA GIRATE TABACCHERIA PIRINOLI CORSO MAMELI 155 INTRA La somma indicata su questo Assegno è tenuta dalla Banca Sella a disposizione del beneficiario.
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Comments

Banca Sella, founded in Biella in 1886 by the Sella family — descendants of Quintino Sella, the finance minister who imposed the corso forzoso during Italy's fiscal crisis of the 1860s — was one of a handful of private Italian regional banks still issuing fiduciary notes into the 1970s under a transitional legal framework that most assumed had already lapsed. These 100 Lire notes functioned as local circulating instruments in areas where small-denomination coinage had effectively disappeared from daily commerce, a genuine problem in Italy throughout that decade.

Marco Spada & C. S.p.A. was a Milan commercial printer, not a specialist security press. The reliance on guilloche as the primary security feature reflects the modest technical ceiling of the commission.

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