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50 Lire Banca di Credito Agrario di Ferrara
| Issuer | Banca di Credito Agrario di Ferrara |
|---|---|
| Year | 1976-1977 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Lira (1861-2001) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | La BANCA DI CREDITO AGRARIO DI FERRARA Società per azioni - Capitale e riserve L. 3.783.333.600 - Sede sociale - Ferrara pagherà a vista per questo Assegno Circolare Lire Cinquanta all'ordine autostrade CONCESSIONI e COSTRUZIONI AUTOSTRADE S.p.A. DIREZIONE 3° TRONCO - BOLOGNA SIACA ARTI GRAFICHE - 44042 CENTO (FERRARA) ITALY (Translation: The Agriculture Credit Bank of Ferrara, Limited Company - Capital and Reserves: L. 3,783,333,600 - Registered Office: Ferrara - will pay on sight for this Cashier's Cheque Fifty Lire, by order of Autostrade Concessions and Motorway Construction Ltd., 3rd Branch Directorate - Bologna.) |
| Reverse description | Plain cream reverse with a fine guilloche inner border enclosing the central field. A faint architectural underprint — appearing to show a classical building facade — occupies the central area. The denomination 'vale 50 lire' is printed in bold sans-serif type in both the left and right panels. The issuer's name 'BANCA DI CREDITO AGRARIO DI FERRARA' runs across the top in a single letterpress line. The left stub, separated by a vertical perforation line, carries the payee and branch details of Autostrade S.p.A. in rotated text, with an endorsement signature across it. |
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| Comments |
By the mid-1970s, Italy's chronic small-denomination coin shortage had become severe enough that regional bodies, municipalities, and even private firms began issuing their own fiduciary notes — technically illegal but tacitly tolerated by the authorities. The Banca di Credito Agrario di Ferrara's 50 Lire note belongs to that wave of emergency local scrip, printed nearby at SIACA's plant in Cento rather than through any national institution.
These notes were redeemable locally and had no validity outside their issuing area. The Bank of Italy eventually forced the withdrawal of most such instruments by the late 1970s.