50 centesimi 1874 — Italy ( Pick: 1 )
Banknote description
This banknote is printed on paper and has dimensions of 67 x 36 mm. It was signed by Giuseppe Dell'Ara, Delegate of the Consortium, and G. Mirone, Government Delegate. The note was produced in an amount of 30,000,000 by the Officina Carte Valori di Roma - San Teodoro.
The production of this note is representative of early Italian currency efforts, with a significant print run of 30 million notes.
Specifications
- Signed by
- Giuseppe Dell'Ara (Delegate of the Consortium); G. Mirone (Government Delegate)
- Date of issue
- April 30, 1874
- Printing office
- Officina Carte Valori di Roma - San Teodoro
- Paper
- Paper
- Colour
- Black and blue on brown underprint; back in blue
- Dimensions
- 67 x 36 mm
- Amount produced
- 30,000,000
- Pick catalog
- 1
About this banknote
The Compulsory Consortium of Issuing Institutions (Consorzio Obbligatorio degli Istituti di Emissione) issued the 50 centesimi banknote in 1874, following the enactment of Law No. 1920 on April 30, 1874. This law established a consortium comprising Banca Nazionale nel Regno d'Italia, Banca Nazionale Toscana, Banca Toscana di Credito, Banca Romana, Banco di Sicilia, and Banco di Napoli, which advanced funds to the state in exchange for the right to issue these notes.
The front of the banknote features the denomination "50" prominently encircled on both the left and right sides, with intricate leaf and branch decorations in black and blue on a brown underprint. The back is blue, depicting Italia seated on the left. Printed by the Officina Carte Valori di Roma - San Teodoro, approximately 30,000,000 of these notes were produced. The banknote was demonetized on November 24, 1881.
