10 Lire

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 10 Lire (10 ITL)
Currency Lira (1861-2001)
Composition Paper
Size 98 × 54 mm
Shape Rectangular
Demonetized 12 April 1888
Number
N#
252755
References P# 5
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 10 inside a decorated circle in light blue-violet at left.
Text in black at center.
Legal text inside a decorated circle in light blue-violet at right.
Decoration in light brown-red at center, in transparency behind the text, with denomination "Dieci Lire" (in number and letters) all around.
Series Number on top left and bottom right.
Serial Number on top right and bottom left.

Script: Latin

Lettering:
REGNO D'ITALIA - 10 - REGNO D'ITALIA - 10
BIGLIETTO CONSORZIALE
A CORSO FORZOSO, INCONVERTIBILE
Vale DIECI Lire
Legge 30 Aprile 1874
Il Delegato del Consorzio
Il Delegato Governativo
REGNO D'ITALIA - 10 - REGNO D'ITALIA - 10
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:
KINGDOM OF ITALY - 10 - KINGDOM OF ITALY - 10
CONSORTIUM TICKET
FORCED TENDER, INCONVERTIBLE
It's worth TEN Lire
Law 30 April 1874
The Consortium Delegate
The Government Delegate
KINGDOM OF ITALY - 10 - KINGDOM OF ITALY - 10
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.

Reverse

Portrait of Italia Turrita encircled at left facing right.
Portrait of Italia Turrita encircled at right facing left.
Both elements connected by a decoration with inside repeated denomination "DIECI LIRE" and number 10, all in light blue color.

Script: Latin

Lettering: 10 - DIECI

Translation: 10 - TEN

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.

Last emission (D.M. 03.05.1881) was foreseen for 3'000'000 tickets but was reduced to only 2'000'000 with subsequent law (D.M. 17.07.1881).

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Date No. printed VG F VF XF AU UNC
1874-Apr-30 (1876)  24 000 000 Signatures: Dell'Ara - Mirone. Serial Number from 1-000.001 to 240-100.000 (D.M. 22.06.1876)
1874-Apr-30 (1877)  8 000 000 Signatures: Dell'Ara - Mirone. Serial Number from 241-000.001 to 320-100.000 (D.M. 25.04.1877)
1874-Apr-30 (1879)  4 000 000 Signatures: Dell'Ara - Mirone. Serial Number from 321-000.001 to 360-100.000 (D.M. 11.01.1879)
1874-Apr-30 (1879)  2 500 000 Signatures: Dell'Ara - Mirone. Serial Number from 361-000.001 to 385-100.000 (D.M. 07.12.1879)
1874-Apr-30 (1880)  2 000 000 Signatures: Dell'Ara - Mirone. Serial Number from 386-000.001 to 405-100.000 (D.M. 04.08.1880)
1874-Apr-30 (1881)  500 000 Signatures: Dell'Ara - Mirone. Serial Number from 406-000.001 to 410-100.000 (D.M. 21.02.1881)
1874-Apr-30 (1881)  2 000 000 Signatures: Dell'Ara - Mirone. Serial Number from 411-000.001 to 430-100.000 (D.M. 03.05.1881)

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