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20 Centesimi Comune di Trieste
| Issuer | Comune di Trieste |
|---|---|
| Year | 1945-1947 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | COMUNE DI TRIESTE BUONO DA 20 CENTESIMI |
| Reverse description | Blue letterpress on cream paper, the design uniform with the obverse border of interlaced rope-and-scroll ornament with decorative corner squares. A large numeral '20' in bold outlined type occupies the centre of the field, set against a pale green guilloche underprint. Series letter 'IU' appears at upper left and letter 'A' at upper right, with the printer's imprint 'Smolars I/3.' in small type at lower centre. |
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| Comments |
Trieste's postwar municipal small-change notes were a direct consequence of the Allied Military Government administration that controlled the city after May 1945 — metal coinage was essentially absent, and the comune stepped in to fill the gap with locally printed fractional paper. The Smolars printing house in Trieste handled production, making this a genuinely local issue in every sense: designed, printed, and circulated within the same contested city.
Trieste's political ambiguity during this period — claimed by both Italy and Yugoslavia, administered by the Allies — meant these notes existed in a monetary grey zone, accepted by local merchants more by habit than by any firm legal framework.