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50 Lire Banca di Trento e Bolzano - 1st type

Issuer Banca di Trento e Bolzano
Year 1976-1977
Type Local banknote
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Reverse description Brown-toned print carrying vignettes of a castle and a church evoking the architectural heritage of the Trentino-Alto Adige region. The left margin panel bears payee information and authorising signatures in black, while the right margin carries a restriction clause limiting circulation to Italy. The compact composition balances pictorial and textual elements in a format typical of Italian emergency circulating cheques of the 1970s.
Reverse lettering Banca Di Trento E Bolzano Società Per Azioni - Capitale Sociale L. 1.000.000.000 - Sede Sociale Trento - Iscritta Al N. 3935 Del Registro Delle Imprese Presso Il Tribunale Di Trento VALE 50 LIRE IL PRESENTE ASSEGNO PUÒ CIRCOLARE SOLTANTO IN ITALIA
(Translation: Bank of Trento and Bolzano Joint Stock Company - Share Capital and Reserves: 1,000,000,000 Lire - Registered Office in Trento - Enrolled Number 3935 in the Business Register at the Court of Trento Worth 50 Lire This check may be circulated only in Italy)
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Comments

The Banca di Trento e Bolzano was one of several regional Italian banks authorized to issue small-denomination fiduciary notes in the 1970s to compensate for a genuine shortage of coin in circulation — a chronic problem in Italy during that decade, when copper and nickel coins were hoarded, lost to vending machines, or simply not minted in sufficient numbers. These mini-assegni, as they were popularly called, occupied a legal grey zone: technically sight-draft checks rather than banknotes, but functioning as everyday currency in their home regions.

The 1st type designation distinguishes this from later printings with revised typography or security features, a distinction that matters to completists working through the full Trento e Bolzano run.

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