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2 Lire Allied Military Currency
| Issuer | Allied Military Authority |
|---|---|
| Year | 1943 |
| Type | Standard circulation banknote |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | FREEDOM OF SPEECH FREEDOM OF RELIGION ALLIED MILITARY CURRENCY FREEDOM FROM WANT FREEDOM FROM FEAR |
| Signature(s) | Log in to see details |
| Protection type | Watermark |
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| Variants | Log in to see details |
| Comments |
Allied Military Currency for Italy was authorized under the 1943 Allied invasion, with the U.S. Treasury producing two distinct print runs from separate contractors — the Bureau of Engraving and Printing in Washington and Forbes Lithograph in Boston. The Forbes printings are generally distinguishable and cataloged as a separate variety. Neither run was backed by any Italian monetary authority; the notes were effectively scrip, redeemable against occupation accounts rather than the Bank of Italy's reserves.
Italian authorities resented the arrangement from the start, arguing it imported inflation by introducing unbacked currency alongside the lira. That dispute shaped postwar negotiations over who bore the cost of Allied occupation spending.