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5 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 circulation banknotes
Year 1874 (1876-1881)
Value 5 Lire (5 ITL)
Currency Lira (1861-2001)
Composition Paper
Size 89 × 50 mm
Shape Rectangular
Demonetized 12 April 1888
Number
N#
239278
References P# 4
Standard Catalog of World Paper Money (10 volumes).

Series: Biglietto Consorziale

Obverse

Big 5 inside decorated square, in different tonalities of brown, at left and at right.
Text in black at center.
Decoration with Kingdom of Italy coat of arms in ocher at center, in transparency behind the test.
Denomination "5" and "Cinque Lire" in different stiles and positions.
Series Number on top right and bottom left.
Serial Number on top left and bottom right.

Script: Latin

Lettering:
BIGLIETTO CONSORZIALE
a corso forzoso
ed inconvertibile
vale CINQUE lire
Legge 30 Aprile 1874
Il Delegato del Consorzio
Il Delegato Governativo

5 - CINQUE LIRE - Regno d'Italia

Translation:
CONSORTIUM TICKET
forced tender
and inconvertible
it's worth FIVE lire
Law 30 April 1874
The Consortium Delegate
The Government Delegate

5 - FIVE LIRE - Kingdom of Italy

Reverse

Portrait of Italia Turrita encircled at left facing right.
Encircled legal test in white at center.
Portrait of Italia Turrita encircled at right facing left.
All elements in brown color, connected by decoration with repeated denomination "Cinque Lire" and number 5.

Script: Latin

Lettering:
Regno ď Italia
La legge punisce i fabbricatori di biglietti falsi, chi li introduce e li usa nel Regno, e
5
chi, avendoli ricevuti per veri, li rimette in circolazione dopo conosciutane la falsità.
Regno d'Italia

Translation:
Kingdom of Italy
The law punishes the makers of counterfeit banknotes, those who introduce and use them in the Kingdom, and
5
those who, having received them as genuine, put them back into circulation after having discovered their falsity.
Kingdom of Italy

Watermark

Not present.

Signatures

Giuseppe Dell'Ara (GDA) Consortium Delegate
G. Mirone (GM) Government Delegate

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 6'000'000 tickets but was reduced to only 2'000'000 with subsequent law (D.M. 17.07.1881).

This banknote couldn't be changed with the 5 silver lire coin.

 

Color may vary:

 

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Date Signatures No. printed VG F VF XF AU UNC
1874-Apr-30 (1876)  GDA, GM Photo 40 000 000 Serial Number from 1-000.001 to 400-100.000 (D.M. 22.06.1876)
1874-Apr-30 (1877)  GDA, GM 14 000 000 Serial Number from 401-000.001 to 540-100.000 (D.M. 25.04.1877)
1874-Apr-30 (1879)  GDA, GM 8 000 000 Serial Number from 541-000.001 to 620-100.000 (D.M. 11.01.1879)
1874-Apr-30 (1879)  GDA, GM 8 000 000 Serial Number from 621-000.001 to 700-100.000 (D.M. 07.12.1879)
1874-Apr-30 (1880)  GDA, GM 5 000 000 Serial Number from 701-000.001 to 750-100.000 (D.M. 04.08.1880)
1874-Apr-30 (1881)  GDA, GM 3 000 000 Serial Number from 751-000.001 to 780-100.000 (D.M. 17.01.1881)
1874-Apr-30 (1881)  GDA, GM 2 000 000 Serial Number from 781-000.001 to 800-100.000 (D.M. 03.05.1881)

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Numista Rarity index: 93 Search tips
This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.

Past sales

Pictures Sale Date Version Grade Sold price
Picture 1 of a sold 5 LirePicture 1 of a sold 5 Lire
Katz
Auction 83
Lot 481
Internet Archive
20 May 2023 1874-Apr-30 (1876) GDA, GM – Serial Number from 1-000.001 to 400-100.000 (D.M. 22.06.1876) XF USD 176.71
(EUR 152.00)
(+ buyer's premium)
See the sales

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