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200 Lire Associazione Novarese Esercenti

Issuer Associazione Novarese Esercenti
Year 1977
Type Vouchers
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Obverse description Orange guilloche underprint covers the left half, with the denomination 200 printed in red letterpress and the legend BUONO D'ACQUISTO / ACCETTABILE SOLO CON CONSENSO above. To the right, a black intaglio-style vignette presents a bird's-eye view of the historic walled city of Novara with the caption NOVARA / Mediolanensis Ducatus Civitas. Issue date, validity, series, and serial number appear along the lower margin.
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Reverse description Plain off-white paper with an all-over orange guilloche lattice underprint enclosed by a scalloped letterpress border. The denomination 200 is printed in large red numerals at centre, set within a decorative rosette underprint, flanked above by BUONO D'ACQUISTO / DI / LIRE and below by ACCETTABILE SOLO CON CONSENSO. The issuer name ASSOCIAZIONE NOVARESE ESERCENTI appears in bold at the foot.
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Comments

Fiduciary notes issued by Italian shopkeeper and merchant associations — the esercenti — proliferated in the late 1970s as Italy suffered a chronic shortage of small-denomination coins. The Banca d'Italia had failed to keep pace with demand, and local chambers of commerce, trade associations, and retailers across northern Italy filled the gap with their own printed scrip. These notes circulated as de facto change within the issuing association's member network, redeemable at participating shops.

The Novara merchants' association issued across several denominations; the 200 Lire piece sits at the upper end of what was typically needed for everyday change-making. Legally ambiguous from the start, the entire category of miniassegni and merchant scrip was eventually suppressed by government order as coin supply normalized in the early 1980s.

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