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250 Associazione Novarese Esercenti

Issuer Associazione Novarese Esercenti
Year 1977
Type Vouchers
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Obverse description Green guilloche underprint covers the face, enclosed by an ornate floral border. At upper centre, the issuer name and address appear in bold letterpress; to the left, the denomination '250' is printed in large red numerals below 'BUONO D'ACQUISTO'. To the right, a vignette presents a historic bird's-eye engraving of Novara as a walled medieval city, captioned 'Novara Mediolanensis Ducatus Civitas', with a manuscript signature of Il Presidente and serial number at lower right.
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Reverse description Green guilloche underprint fills the entire field, enclosed by a wave-pattern border. Centred text in bold letterpress reads 'BUONO D'ACQUISTO / DI / LIRE', with the denomination '250' printed in large red numerals over a lacy rosette underprint. Below, the acceptance clause and the issuer name appear at the foot of the note.
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Comments

Italian retailers' associations began issuing their own small-denomination paper tokens — fiduciari or buoni di cassa — during the coin shortages of the early 1970s, when the Italian government failed to produce enough specie to cover everyday transactions. Municipalities, cooperatives, and merchants' associations filled the gap. The Associazione Novarese Esercenti, the merchants' association of Novara in Piedmont, was among dozens of such bodies producing locally accepted scrip with no national legal standing whatsoever.

By 1977 the acute shortage had largely passed, making this a late issue — possibly printed to cover residual local demand or clear existing stock obligations.

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