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200 Lire Banca di Credito Agrario di Ferrara

Issuer Banca di Credito Agrario di Ferrara
Year 1976-1977
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Currency Lira (1861-2001)
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Obverse description Printed in blue on cream paper, the obverse is laid out in the style of a circular cheque (assegno circolare). The issuer's monogram vignette — an interlaced 'BCAF' cipher within an oval cartouche — appears at both left and right, flanked by ornamental engine-turned borders. The upper portion carries the place and date of issue, the denomination numeral '200' in a box at upper right, and the bank's full corporate name in bold letterpress across the centre, followed by the capital and registered office details. The body of the note bears the handwritten amount in words ('Duecento') and designates the payee as 'Associazione Provinciale Agricoltori di Ferrara', with a series designation 'KK' and printed serial number at lower left.
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Reverse description The reverse, printed in blue, is divided into two zones. The left margin carries a vertical 'GIRATE' endorsement panel with a manuscript signature of the president of the Associazione Provinciale Agricoltori di Ferrara and printed text authorising transfer. The main central field is enclosed within a fine guilloche border and displays a pale blue underprint vignette of a building facade; over this underprint, the denomination 'vale 200 lire' is printed in bold sans-serif type at both left and right of the field. The bank's name is repeated in letterpress at the top of the central panel.
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Italy's chronic small-change shortage of the 1970s pushed hundreds of local institutions — banks, municipalities, transit companies — into issuing their own fiduciary notes, technically called "miniassegni." The Banca di Credito Agrario di Ferrara was among them, printing this 200 Lire piece locally through Biaca Arti Grafiche, a Ferrara-based commercial printer rather than a security press.

That production detail matters. Without intaglio printing or proper anti-counterfeiting infrastructure, these notes relied almost entirely on novelty and trust. The Bank of Italy tolerated the practice only reluctantly, and by 1979 the entire phenomenon had been formally suppressed.

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