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100 Lire Credito Italiano

Issuer Credito Italiano S.p.A.
Year 1976
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Reference(s) P#G1327
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Obverse lettering il Credito Italiano S.P.A. SEDE IN GENOVA pagherà a vista per questo assegno circolare Lit. *100* Lire it * cento *** a ASSOCIAZIONE PIEMONTESE GROSSISTI ORTOFLOROFRUTTICOLI - TORINO Torino 9 marzo 1976 CREDITO ITALIANO `N° de série` (serial #) lire 100 lire 100 lire 100 lire 100
(Translation: The Italian Credit Limited Company, headquarters in Genova, will pay 100 Italian Lire for this cashier's check on sight. One Hundred Italian Lire (payee) Piedmont Vegetables Wholesalers Association - Torino Torino, March 09, 1976)
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Reverse lettering GIRATE ASSOCIAZIONE PIEMONTESE GROSSISTI ORTOFLOROFRUTTICOLI - TORINO IL PRESENTE ASSEGNO PUO CIRCOLARE SOLTANTO IN ITALIA
(Translation: Endorsement Piedmont Vegetables Wholesalers Association - Torino This check may be circulated only in Italy)
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Comments

Credito Italiano was one of the three major state-controlled banks — alongside Banca Commerciale Italiana and Banco di Roma — that dominated Italian corporate lending through the postwar decades. By 1976, however, the 100 lire denomination had been almost entirely supplanted by coins, and banknotes at this face value were a rarity in everyday commerce. This note exists as an institutional curio: a private bank cheque-format instrument in a denomination that the Banca d'Italia had effectively abandoned years earlier.

The G-prefix in the Pick reference places it in the Italian commercial bank issues category, a classification that reflects its ambiguous legal status — negotiable within limits, but not legal tender in the full sovereign sense.

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