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150 Lire Banca Popolare di Milano
| Issuer | Banca Popolare di Milano |
|---|---|
| Year | 1977 |
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| Currency | Lira (1861-2001) |
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| Obverse description | Printed in blue-green on white paper, the obverse carries the bank's full title 'LA BANCA POPOLARE DI MILANO' in bold lettering across the upper left, accompanied by small-print legal and registration details. A vignette of the bank's neoclassical headquarters occupies the lower centre-left, set against a fine guilloche underprint, while the denomination '150' appears in large numerals at the upper right alongside the interlaced 'PB' monogram within a circular guilloche. The date 'Milano 30 Maggio 1977' and the payee line 'a autostrade - CONCESSIONI E COSTRUZIONI AUTOSTRADE S.p.A.' are typeset in the central field, with the Direzione Generale's manuscript signature below the monogram. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse is printed in a uniform grey-green with a radiating sunburst guilloche pattern filling the central field. To the left, the word 'GIRATE' is set vertically in large serif capitals within a guilloche border panel, and an endorsement area carries the manuscript stamp and signature of Autostrade - Concessioni e Costruzioni Autostrade S.p.A. The interlaced 'PB' monogram in an ornate circular frame occupies the centre, flanked on the right by a detailed intaglio-style vignette of the bank's neoclassical building; the denomination 'LIRE 150' runs vertically along the right margin, and the legend 'IL PRESENTE ASSEGNO PUO CIRCOLARE SOLO IN ITALIA' appears along the lower border. |
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| Comments |
By 1977, Italian small-denomination banknotes had become a civic embarrassment. A nationwide coin shortage stretching back to the early 1970s pushed hundreds of local banks, municipalities, and businesses to issue their own fractional scrip — the so-called "miniassegni" — to substitute for coins that simply weren't circulating. This 150 Lire note from Banca Popolare di Milano is one of those instruments: technically a cheque payable to the bearer, legally tolerated rather than officially sanctioned, and printed in quantities large enough to function as everyday change.
Tipografia Artigiana Capriati & Roda was a small Milan commercial printer, not a security press. The physical results reflect that — these were not produced to the standards of the Istituto Poligrafico dello Stato.