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350 Lire Banca Sella - Biella
| Issuer | Banca Sella S.p.A., Biella |
|---|---|
| Year | 1976 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| In circulation to | 1976 |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | Plain white reverse with minimal printing, largely unadorned. At the right margin, rotated vertically, appears the circular black '4D' gallery logo above the drawer's manuscript signature and the address details of Galleria d'Arte Perazzone. A vertical legend at the far right edge states the note's circulation restriction. |
| Reverse lettering | Il presente assegno può circolare solo in Italia galleria d'arte numismatica filatelia antiquariato viale roma 11 13051 biella tel. 015/20955 giorgio perazzone |
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| Comments |
The 350 Lire denomination is itself the story here. Italian banks were authorized to issue fiduciary notes during the acute coin shortage of the 1970s — a shortage so severe that businesses routinely substituted candy, tokens, and telephone slugs as change. The Banca Sella, a small Piedmontese private bank headquartered in Biella, issued this note under the 1975 emergency framework that allowed credit institutions to circulate low-denomination paper as a temporary substitute for missing coinage.
The 350 Lire face value exists nowhere else in Italian monetary history — chosen to match specific retail transaction needs rather than any conventional denomination logic.