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250 Lire

Issuer Consorzio degli Istituti di Emissione
Year 1877-1881
Type Standard circulation banknote
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Obverse lettering 250 - 250 BIGLIETTO CONSORZIALE a corso forzoso inconvertibile vale Duecentocinquanta lire Legge 30 Aprile 1874 Il Delegato del Consorzio Il Delegato Governativo La legge punisce i fabbricatori di biglietti falsi, chi li introduce e li usa nel Regno e chi, avendoli ricevuti per veri, li rimette in circolazione dopo conosciutane la falsità.
(Translation: 250 - 250 CONSORTIUM TICKET forced tender inconvertible it's worth Two Hundred and Fifty lire Law 30 April 1874 The Consortium Delegate The Government Delegate The law punishes the makers of counterfeit banknotes, those who introduce and use them in the Kingdom and those who, having received them as genuine, put them back into circulation after having discovered their falsity.)
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Protection description Italia Turrita facing right within the left oval; numeral 250 within the right oval.
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The Consorzio degli Istituti di Emissione was a short-lived consortium arrangement formed in 1874 to coordinate Italy's plural note-issuing system — a compromise born from political deadlock over establishing a single national bank. Six institutions, including the Banca Nazionale nel Regno d'Italia, issued notes jointly under this umbrella until the consortium was dissolved in 1893 ahead of the Bank of Italy's formal creation.

Production at the San Teodoro workshop in Rome placed this note firmly within the nascent Italian state's effort to centralize security printing on domestic soil rather than relying on foreign contractors. The watermark remains the sole mechanical security feature — no interlocking geometric patterns, no colored fibers.