| 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
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
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
Not present.
| Giuseppe Dell'Ara (GDA) | Consortium Delegate |
|
| G. Mirone (GM) | Government Delegate |
|
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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Undetermined | |||||||||||||||
| 1874-Apr-30 (1876) | GDA, GM |
|
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) | ||||||||||||
No member from this site currently wants to exchange it.
| Pictures | Sale | Date | Version | Grade | Sold price | |
|---|---|---|---|---|---|---|
|
Katz Auction 83 Lot 481
|
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) |
||
| © Katz Coins Notes & Supplies Corp. | ||||||