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200 Lire Cassa Rurale di Tesero

Issuer Cassa Rurale di Tesero
Year 1977
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Value 200 Lires
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Obverse lettering CASSA RURALE DI TESERO
SOCIETÀ COOPERATIVA A RESPONSABILITÀ ILLIMITATA - FONDATA NEL 1904 - TESERO (TRENTO)
A vista pagate per questo
Assegno Bancario
Lire it. duecento
all'ordine Amici del presepio Sez. ENAL - Tesero
TESERO, 1 dicembre 1977
C/C 103
IMPOSTA DI BOLLO ASSOLTA IN MODO VIRTUALE
AUT. INT. FIN. TRENTO N° 44230 del 2-10-73
200
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Reverse lettering IL PRESENTE ASSEGNO PUÒ CIRCOLARE
SOLTANTO IN ITALIA
GIRATE
Amici del presepio
Sez. ENAL - Tesero
200
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Comments

Cassa Rurale di Tesero is a small rural cooperative bank serving the Fiemme Valley in Trentino, and this 200 Lire note belongs to the wave of locally issued fiduciary notes that proliferated across northern Italy during the coin shortage of the 1970s. The Italian state had largely abandoned low-denomination coinage in practical terms — inflation had eroded their value, and hoarding of metal was rampant. Municipalities, cooperatives, and transit companies stepped into the gap, producing their own small-change substitutes.

These notes had no legal tender status outside their issuing community and were accepted on trust alone. TipoLito 3A in Turin handled production for numerous such issuers across the region.

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