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100 Lire Banco Lariano
| Issuer | Banco Lariano |
|---|---|
| Year | 1976-1977 |
| Type | Local banknote |
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| Obverse description | Obverse of this Italian emergency circulating cheque (assegno circolare) is printed in green on pale yellow paper. The Banco Lariano stylised 'BL' logo and bold bank name appear at left, while the denomination '100' is printed in large numerals at upper right with the written value 'Cento' in cursive script below. The payee line reads 'Associazione Commercianti di Busto Arsizio', with the issue place and date 'Busto Arsizio, 10 Novembre 1976' at lower left, accompanied by the bank's authorising stamp and a signature at lower right; MICR encoding runs along the bottom margin. |
|---|---|
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| Reverse description | Reverse is printed in green on white paper and bears the word 'girate' in bold green lowercase at upper centre, indicating the endorsement area for circulation. Below, the endorsing entity 'Associazione Commercianti di Busto Arsizio' is named, followed by the title 'il Presidente (Cav. Luigi Montani)' with a manuscript signature beneath. A large pale underprint of '100' appears at lower centre, and a brief legend at the top restricts circulation to Italy. |
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| Comments |
Banco Lariano was a regional savings bank based in Como, and these 100 Lire notes belong to a peculiar episode in Italian monetary history: the coin shortage of the 1970s, when small-denomination metal coinage virtually disappeared from circulation due to hoarding and the rising cost of metal. Commercial banks, shops, transit authorities, and even telephone companies stepped in with their own fiduciary substitutes — technically illegal but tolerated by the Banca d'Italia under considerable public pressure.
The Banco Lariano issues were among the more professionally produced of the type, though their validity was strictly local and their legal standing always precarious. The series was formally invalidated once the Italian state introduced plastic token coinage and later the gettone telephone token as circulating currency equivalents.