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100 Lire Banco Ambrosiano

Issuer Banco Ambrosiano S.p.A., Milan
Year 1976-1977
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Currency Lira (1861-2001)
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Obverse lettering Banco Ambrosiano S.P.A. SEDE IN MILANO - TRIB. MILANO 3177 - CAP. L. 20.000.000.000 - RIS. L. 70.825.000.000 ASSEGNO CIRCOLARE NUMERO xxxxxxxxx MILANO, XX/X/XXXX IL BANCO AMBROSIANO PAGHERA' A VISTA PER QUESTO ASSEGNO CIRCOLARE LIRE CENTO ALL'ORDINE _________________ BANCO AMBROSIANO SEDE DI MILANO VALE 100 LIRE VALE 100 LIRE VALE 100 LIRE F. GHEZZI - CORSICO (MI)
(Translation: Ambrosian Bank S.p.A. Milan Headquarters - Milan Tribunal No. 3177 - Capital: 20,000,000,000 Lire - Reserves: 70,825,000,000 Lire Cashier's Check Number xxxxxxxxx Milan, [date] The Ambrosian Bank will pay on sight for this cashier's check One Hundred Lire to the order of _________________ Banco Ambrosiano, Milan Headquarters Value 100 Lire Value 100 Lire Value 100 Lire F. Ghezzi - Corsico (MI))
Reverse description The reverse is printed in blue on the same cream guilloche ground, the entire field covered with a dense repetitive micropattern of the numerals '05'. At left, the beneficiary name '"La Centrale" Finanziaria Generale S.p.A.' is printed vertically in large italic type, accompanied by a manuscript endorsement signature. A vertical legend in the centre reads 'IL PRESENTE ASSEGNO PUÒ CIRCOLARE SOLTANTO IN ITALIA', and the large outlined numeral '100' formed from the repeated guilloche microtext dominates the right portion of the note.
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Comments

Banco Ambrosiano was not an issuing bank in any statutory sense — this is a promotional or commemorative scrip piece, almost certainly produced for internal circulation among shareholders or as a publicity item, not as a banknote with legal tender status. The bank itself would collapse spectacularly in 1982, the largest bank failure in Italian postwar history, with Roberto Calvi found hanging beneath Blackfriars Bridge in London. The scandal implicated the Vatican Bank, the P2 masonic lodge, and organized crime networks across three continents.

F. Ghezzi in Corsico was a small commercial security printer, not one of the major Italian intaglio houses — which is consistent with scrip rather than fiduciary currency production.

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