1 Lira

Features

Issuer Italy
Issuing entity Compulsory consortium of issuing institutions (Consorzio obbligatorio degli istituti di emissione)
King Vittorio Emanuele II (1861-1878)
Type Standard banknote
Year 1874 (1876-1881)
Value 1 Lira (1 ITL)
Currency Lira (1861-2001)
Composition Paper
Size 75 × 43 mm
Shape Rectangular
Demonetized 12 April 1888
Number
N#
239200
References P# 2
Tracy L. Schmidt (editor); 2019. Standard Catalog of World Paper Money. Modern issues 1961-present (25th edition). Krause Publications, Iola, Wisconsin, United States.
And 2 more volumes.

Series: Biglietto Consorziale

Obverse

Big 1 encircled at right in light brown, with denomination inside.
Big 1 encircled at left in light green, in transparency behind the text, with denomination inside.
Decoration in light green at center, in transparency behind the text.
Text in black on center-left.
Denomination 1 Lira (in number and letters) in different stiles and positions
Series Number on top left and bottom right.
Serial Number on top right and bottom left.

Script: Latin

Lettering:
UNA LIRA
BIGLIETTO CONSORZIALE
a corso forzoso, inconvertibile
vale UNA lira
Legge 30 Aprile 1874
Il Delegato del Consorzio
Il Delegato Governativo

Regno d'Italia - 1 LIRA - Regno d'Italia

UNA LIRA

Translation:
ONE LIRA
CONSORTIUM TICKET
forced tender, inconvertible
it's worth ONE lira
Law 30 April 1874
The Consortium Delegate
The Government Delegate

Kingdom of Italy - 1 LIRA - Kingdom of Italy

ONE LIRA

Reverse

Portrait of Italia Turrita facing right at left.
Encircled legal text at right.
Elements connected with knots decoration, all in light brown color.
Repeated denomination "1 Lira" in white.

Script: Latin

Lettering:
1 LIRA 1
La legge punisce i fabbricatori di biglietti falsi, chi li introduce e li usa nel Regno e chi, avendoli ricevuti per veri, li rimette in circolazione dopo conosciutane la falsità.

Translation:
1 LIRA 1
The law punishes the makers of counterfeit banknotes, those who introduce and use them in the Kingdom and those who, having received them as genuine, put them back into circulation after having discovered their falsity.

Watermark

Not present.

Printer

Government Papers Workshop San Teodoro (Officina Carte Valori in Roma - San Teodoro), Rome, Italy

Comments

With law n.1920 of 30 April 1874, was established a consortium (hence the name consortium tickets) composed of Banca Nazionale nel Regno d'Italia, Banca Nazionale Toscana, Banca Toscana di Credito, Banca Romana, Banco di Sicilia and Banco di Napoli.

These institutions advanced the budget money (940 million) to the State and in exchange could issue these forced tender notes.

Initially the installation and printing work was commissioned to a printing house in Frankfurt, and then they decided to create a paper and valuables workshop in Rome with the latest printing machines. This change of program lengthened the printing time, in fact the first tickets were printed in 1875, with decree of 1874, and series of nine notes was completed in 1877. The Consortium ceased to exist on 30 June 1881 as provided for by Law n.133 of the previous 7 April, and the remaining debt (340 million) was borne by the State.

This banknote couldn't be changed with the one lira silver coin.

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Date No. printed VG F VF XF AU UNC
1874-Apr-30 (1876)  50 000 000 Signatures: Dell'Ara - Mirone. Serial Number from 1-000.001 to 500-100.000 (D.M. 05.03.1876)
1874-Apr-30 (1877)  36 000 000 Signatures: Dell'Ara - Mirone. Serial Number from 501-000.001 to 860-100.000 (D.M. 25.04.1877)
1874-Apr-30 (1880)  10 000 000 Signatures: Dell'Ara - Mirone. Serial Number from 861-000.001 to 960-100.000 (D.M. 13.03.1880)
1874-Apr-30 (1880)  12 000 000 Signatures: Dell'Ara - Mirone. Serial Number from 961-000.001 to 1080-100.000 (D.M. 18.09.1880)
1874-Apr-30 (1881)  4 000 000 Signatures: Dell'Ara - Mirone. Serial Number from 1081-000.001 to 1120-100.000 (D.M. 17.07.1881)

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