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200 Lire Cassa di Risparmio di Cuneo

Issuer Cassa di Risparmio di Cuneo
Year 1976
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Composition Paper
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Obverse lettering CASSA DI RISPARMIO DI CUNEO SEDE DI CUNEO A vista pagate per questo Assegno Bancario Lire DUECENTO a UNIONE PROVINCIALE COMMERCIANTI ED ESERCENTI DI CUNEO UNIONE PROV. COMM. ED ESERCENTI DI CUNEO IL PRESIDENTE
Reverse description The reverse is printed in black letterpress on a light-green background, with text positioned to the left of a central ornamental motif. The inscription restricts the circulation of the instrument to Italy and provides an endorsement line for the Unione Provinciale Commercianti ed Esercenti di Cuneo, with a printed signature line for the President.
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Comments

Italy's postwar small-change crisis never fully resolved itself at the coin level, and by the early 1970s the gap between minted supply and public demand had become acute enough that savings banks, tobacconists, and municipalities began issuing their own low-denomination paper substitutes — fiduciary notes with no legal tender status but widespread practical acceptance. The Cassa di Risparmio di Cuneo was one of several northern Italian savings institutions that stepped into this vacuum.

These miniassegni, as they were broadly known, existed in a legal grey zone tolerated rather than sanctioned by the Banca d'Italia. Redemption was theoretically guaranteed by the issuing institution, though enforcement was uneven.

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