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100 Lire
| Issuer | Banca d'Italia |
|---|---|
| Year | 1938-1939 |
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| Currency | Lira (1938-1941) |
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| Obverse description | Central vignette of a seated allegorical Roma figure in classical armour, holding a spear and shield, with the She-wolf suckling Romulus and Remus on a plinth at lower centre. Large ornate guilloche rosettes flank the central text panel bearing the denomination LIRE CENTO in intaglio, surmounted by a cameo portrait medallion at top centre. The heading SERIE SPECIALE AFRICA ORIENTALE ITALIANA appears at the top margin, with the issuer legend BANCA D'ITALIA and the prohibition clause È VIETATA LA CIRCOLAZIONE FUORI DEI TERRITORI DELL'AFRICA ORIENTALE ITALIANA along the lower border. |
|---|---|
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| Protection type | Watermark |
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| Comments |
This note was issued during the height of Fascist autarchy, when Mussolini's government was actively restricting foreign exchange and enforcing currency controls across the Italian economy. The Banca d'Italia had been formally subjugated to state control under the 1936 banking law, stripping it of meaningful independence — these notes circulated in an economy already under severe political management, two years before Italy entered the war.
Wartime hoarding and the subsequent 1945–1947 monetary stabilization measures mean that genuinely circulated examples from the 1938–1939 printing window are considerably less common than uncirculated survivors, which were often hidden rather than spent.