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250 Lire Banca Agricola Commerciale della Repubblica di San Marino
| Issuer | Banca Agricola Commerciale della Repubblica di San Marino |
|---|---|
| Year | 1977 |
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| Value | 250 Lire (250 SML) |
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| Obverse description | Horizontal mini-cheque (assegno bancario) issued by the Banca Agricola Commerciale della Repubblica di San Marino, dated 1 September 1977. The face carries a printed bearer order for Lire DUECENTOCINQUANTA (250), with the denomination also expressed numerically as Lit. 250 in the upper right area alongside the date and place of issue. A manuscript-style authorisation signature appears at lower right, with serial and clearing reference numbers printed along the lower margin in magnetic ink (MICR). |
|---|---|
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| Protection type | MICR encoding |
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| Comments |
San Marino's currency arrangements have always been anomalous. As a microstate using the Italian lira under successive monetary conventions, San Marino was permitted to issue its own notes and coins — but in practice, locally issued banknotes were rare and the circulating medium was overwhelmingly Italian. This 250 Lire note from the Banca Agricola Commerciale is an unusually low denomination for a domestically issued instrument in 1977, by which point Italian inflation had already rendered 250 Lire nearly trivial in purchasing terms.
MICR encoding on a note of this value and origin suggests it was designed with interbank processing in mind rather than everyday hand-to-hand use.