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200 Lire Banca Sella
| Issuer | Banca Sella |
|---|---|
| Year | 1976 |
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| Currency | Lira (1861-2001) |
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| Obverse description | Printed in the format of a miniassegno (emergency cheque-note), the obverse is framed by a red and green guilloche border on light paper. At left, a tall ornate green intaglio vignette contains the circular armorial seal of Banca Sella, inscribed BANCA SELLA BIELLA and FONDATA NEL 1886, set within foliate scrollwork and rosette ornaments. The central field carries the issuing text, date, and denomination DUECENTO in letterpress and script, with an endorsement stamp of Antica Farmacia Caccia, Verbania-Intra applied at lower right. |
|---|---|
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| Protection type | Guilloche |
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| Comments |
Banca Sella, a private bank headquartered in Biella, Piedmont, issued local banknotes under the provisions of Italian law that permitted certain regional credit institutions to circulate fiduciary notes well into the postwar decades — an anomaly by European standards at a time when most nations had long consolidated note issuance under a single central authority. The 200 Lire denomination reflects the coin shortages that plagued Italy through the 1970s, when small-denomination metal currency was notoriously scarce and businesses, transport companies, and even the state telephone monopoly resorted to unofficial substitutes.
Marco Spada & C. S.p.A. was a Milan commercial printer, not a specialist security press — which makes the guilloche patterning notable as an attempt at credibility on what was essentially a privately issued scrip.