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10 Lire, Compulsory consortium of issuing institutions, Italy, 1874 (1876–1881) (Pick 5)

DocumentedSupported by at least one credible specialist source.

Record status

Individual type · partial

Period

1874 (1876-1881)

Issuing entity

Italy

This 10 Lire note was issued in Italy by Compulsory consortium of issuing institutions, dated 1874 (1876–1881). It belongs to the Lira (1861-2001) currency system. Issuing authority and period recorded in the catalogue: Vittorio Emanuele II (1861-1878). It measures 98 × 54 mm and is printed on paper. The Standard Catalog of World Paper Money lists the type as Pick 5.

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. Its lettering reads “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 cono”. Translation given in the catalogue: “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 make”.

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. Its lettering reads “10 - DIECI”. Translation given in the catalogue: “10 - TEN”. The note was printed by Government Papers Workshop San Teodoro (Officina Carte Valori in Roma - San Teodoro), Rome, Italy. Watermark: Not present. Signatures recorded for the type: Giuseppe Dell'Ara (GDA) (Consortium Delegate); G. Mirone (GM) (Government Delegate). Demonetized: 12 April 1888.

Identification note: match the value, issuing bank, printed date and Pick number together; dates and signature combinations distinguish sub-varieties, which are not separated in this entry. Details follow the Numista catalogue entry and the Standard Catalog reference it cites; they have not been checked against a central-bank archive.

Evidence at a glance

Linked sources
2
Photograph views
2
Catalogue references
2

Counts describe this entry’s documentation, not authenticity, rarity or completeness. Photographs may show one specimen; check each caption and licence.

Historical context

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).

Physical characteristics

Size
98 × 54 mm
Shape
Rectangular
Material
Paper
Watermark
Not present.

Technical characteristics

Printer
Government Papers Workshop San Teodoro (Officina Carte Valori in Roma - San Teodoro), Rome, Italy
Currency
Lira (1861-2001)
Signatures
Giuseppe Dell'Ara (GDA) (Consortium Delegate) · G. Mirone (GM) (Government Delegate)
Demonetized
12 April 1888
Issuing bank
Compulsory consortium of issuing institutions

Design

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.
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.
Obverse 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.
Reverse lettering
10 - DIECI

Identification

Value
10 Lire
Dates recorded
1874 (1876-1881)
Distinguishing features
Printed date and signature combination separate sub-varieties
Catalogue number to match
Pick 5

Documentation checklist

Denomination
Research required
Issue or mint date
Recorded
Material
Recorded
Weight
Research required
Mint or printer
Recorded
Mint or printer mark
Research required
Catalogue reference
Recorded
Attached photograph (check rights)
Recorded

Recorded means a field is present, not independently verified. Read its wording, supporting source and the entry’s confidence level.

Catalogue references

  • Standard Catalog of World Paper Money (Pick)P5
  • NumistaN# 252755

Research required

  • Confirm date and signature varieties against the Standard Catalog of World Paper Money.
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