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200 Lire Italian coin shortage issue
| Issuer | Cassa di Risparmio della Repubblica di San Marino |
|---|---|
| Year | 1976 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | San Marino, li 5 Aprile 1976 L. 200 CASSA DI RISPARMIO DELLA REPUBBLICA DI SAN MARINO A vista la Cassa di Risparmio della Rep. di S. Marino pagherà al Sig. PORTATORE DEL PRESENTE ASSEGNO Lire DUECENTO Questo assegno può circolare solo nella Repubblica di San Marino N. |
| Reverse description | Log in to see details |
| Reverse lettering | San Marino, 5 Aprile 1976 L. 200 CASSA DI RISPARMIO DELLA REPUBBLICA DI SAN MARINO PORTATORE DEL PRESENTE ASSEGNO DUECENTO Questo assegno può circolare solo nella Repubblica di San Marino N. |
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| Comments |
During the mid-1970s, Italy suffered a chronic shortage of small-denomination coins — a mundane logistics failure with an unusual consequence. Several Italian savings banks, municipalities, and semi-sovereign institutions began issuing paper substitute tokens, technically outside normal banking law but tolerated by the Banca d'Italia under extraordinary circumstance. San Marino, drawing on its distinct legal status, issued this note through its savings institution rather than a state treasury, giving it a quasi-private character unusual even among the flood of Italian emergency issues from the same period.
Redeemable only within San Marino's limited commercial network, these circulated briefly and were rarely preserved intact — most were treated as disposable change.