Catalog
25 Centesimi
| Issuer | Banca Italiana Agricola Commerciale di Bologna |
|---|---|
| Year | 1867 |
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| Composition | Paper |
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| Obverse description | Dull orange underprint with the large numeral '25' at center, overprinted in black letterpress with the bank's title along the upper border and the inscription 'BONO DI CASSA CENTESIMI' across the face. Series letters 'ABC' appear alongside the denomination, with three manuscript signatures of the Ispettore, Presidente, and Cassiere along the lower margin. |
|---|---|
| Obverse lettering | BANCA ITALIANA AGRICOLA COMMERCIALE BOLOGNA Approvate con R. Decreto 10 Novembre 1867 BONO DI CASSA SERIE 25 ABC CENTESIMI Rilasciato in corrispettivo di Valuta legale incassata L`Ispettore IL Presidente Il Cassiere [signature] [signature] [signature] |
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| Comments |
The Banca Italiana Agricola Commerciale di Bologna was one of dozens of regional Italian banks issuing their own fractional notes in the years immediately following unification — a stop-gap response to the chronic shortage of small-denomination coinage that plagued the new kingdom throughout the 1860s. The Italian government repeatedly attempted to suppress these unofficial emissions, but local commerce depended on them too heavily for enforcement to stick.
Printed and engraved entirely in Bologna by Giulio Wenk, this 25 centesimi note never left local circulation in any meaningful sense. At this denomination, redemption was essentially theoretical.