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300 Lire Small cheque
| Issuer | Cassa di Risparmio della Repubblica di San Marino |
|---|---|
| Year | 1977 |
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| Value | 300 Lire (300 SML) |
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| Obverse description | Blue and violet miniassegno (small cheque) issued by the Cassa di Risparmio della Repubblica di San Marino, dated 1 settembre 1977, with the bank's title across the top and the branch designation 'Agenzia di Citta N. 3' at upper right. The face value 'TRECENTO' is printed in large red letterpress at centre, with the numeral '300' in red at upper right, and the payee line reads 'a MY HOBBY'. The San Marino state coat of arms vignette appears at left, accompanied by a fine guilloche underprint across the body of the cheque, a manuscript signature of the branch representative at centre right, and MICR encoding along the lower edge. |
|---|---|
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| Reverse lettering | CIRATE MY HOBBY CASSA DI RISPARMIO DELLA REPUBBLICA DI SAN MARINO |
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| Comments |
San Marino's Cassa di Risparmio issued these small-denomination cheques in 1977 as a direct response to Italy's chronic coin shortage — a problem so severe during the 1970s that businesses across the peninsula resorted to handing customers candy, postage stamps, and telephone tokens as change. San Marino, though reliant on Italian currency under the 1939 monetary convention, was free to introduce its own fiduciary substitutes, and it did.
The 300 Lire denomination is notable. Most Italian-sphere emergency issues clustered around 50, 100, and 150 Lire — values that mapped to actual coin gaps. 300 Lire suggests local pricing realities specific to San Marino's retail economy at the time.