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50 Lire Banca Provinciale Lombarda

Issuer Banca Provinciale Lombarda
Year 1977-1978
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Size 118 × 60 mm
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Obverse lettering LA BANCA PROVINCIALE LOMBARDA PAGHERÀ A VISTA PER QUESTO ASSEGNO CIRCOLARE BERGAMO, 6 APR. 1978 A ASSOCIAZIONE ESERCENTI E COMMERCIANTI DELLA PROVINCIA DI BERGAMO BANCA PROVINCIALE LOMBARDA SEDE DI BERGAMO VALE 50 LIRE
(Translation: The Provincial Bank of Lombardy will pay on sight for this cashier's cheque. Bergamo, 6 April 1978. To: Association of Merchants and Traders of the Province of Bergamo. Provincial Bank of Lombardy, Bergamo Branch. Value 50 Lire.)
Reverse description Printed in grey on grey guilloche underprint, the reverse carries the endorsement (girata) block in bold letterpress at left, identifying the Associazione Esercenti e Commercianti della Provincia di Bergamo as endorser, with the countersignature of the President below. The watermark-style 'PROVINCIALE LOMBARDA' diagonal overprint appears across the centre field, and a decorative guilloche cartouche at right bears the large numeral '50' with 'VALE LIRE' flanking it. A ruled panel at far left carries the restriction legend in vertical orientation.
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Comments

Banca Provinciale Lombarda was a mid-tier regional institution based in Bergamo, and these 50 Lire notes belong to the brief Italian emergency token-note phenomenon of the 1970s, when chronic coin shortages drove banks, municipalities, and even private businesses to issue small-denomination paper substitutes. By 1977 the state had moved to regularize and then terminate the practice, meaning many of these issues had short authorization windows — this one among them.

Calcografia e Cartevalori (operating under the Coen name) was a Milan commercial security printer responsible for a substantial portion of the Italian fiduciary token output during this period, not a national bank printer.

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