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50 Piastres Italian occupation WWII
| Issuer | Cassa Mediterranea di Credito per l'Egitto |
|---|---|
| Year | 1942 |
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| Value | Log in to see details |
| Currency | Pound (1942-1943) |
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|---|---|
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| Reverse description | The central field is occupied by a dense geometric guilloche pattern, with the bilingual issuer title "CASSA MEDITERRANEA DI CREDITO PER L'EGITTO" in Italian and Arabic repeated at top centre. The denomination "BUONO PER Cinquanta PIASTRE" appears in italic script below the heading, while "50 PIASTRE" and its Arabic equivalent "٥٠ قرشاً ساعةً" are printed within ruled panels in each of the four corners. Serial numbers appear at upper left and upper right in plain type. |
| Reverse lettering | CASSA MEDITERRANEA DI CREDITO PER L'EGITTO صندوق البحر المتوسط التسليفي لمصر BUONO PER Cinquanta PIASTRE هذا السند بسوى خمسين قرشاً ساعةً 50 PIASTRE ٥٠ قرشاً ساعةً IL PRESENTE BUONO DEVE ESSERE ACCETTATO IN PAGAMENTO PEL SUO VALORE NOMINALE |
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| Comments |
The Cassa Mediterranea di Credito per l'Egitto was a shell institution — created by Mussolini's government in anticipation of a conquest that never fully materialized. These notes were printed in Rome in 1942 as occupation currency intended for use once Axis forces took Cairo, part of a broader Italian plan to replace British monetary infrastructure across North Africa.
Rommel's defeat at El Alamein that October rendered the entire series redundant before most notes left Italy. Few reached circulation of any kind, which makes survivorship more a function of storage than use.