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250 Lire Banca Agricola Commerciale della Repubblica di San Marino
| Issuer | Banca Agricola Commerciale della Repubblica di San Marino |
|---|---|
| Year | 1977 |
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| Value | Log in to see details |
| Currency | Lira (1864-2001) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | San Marino li 1 settembre 1977 Lit. 250 BANCA AGRICOLA COMMERCIALE DELLA REPUBBLICA DI S. MARINO SOCIETA` PER AZIONI CON SEDE LEGALE IN BORGO MAGGIORE SEDE DI BORGO MAGGIORE A vista pagate per questo Assegno Bancario Lire DUECENTOCINQUANTA all`ordine MY HOBBY |
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| Reverse lettering | GIRATE MY HOBBY |
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| Comments |
San Marino's currency arrangements have always been anomalous. As a microstate using the Italian lira under successive monetary conventions, San Marino was permitted to issue its own notes and coins — but in practice, locally issued banknotes were rare and the circulating medium was overwhelmingly Italian. This 250 Lire note from the Banca Agricola Commerciale is an unusually low denomination for a domestically issued instrument in 1977, by which point Italian inflation had already rendered 250 Lire nearly trivial in purchasing terms.
MICR encoding on a note of this value and origin suggests it was designed with interbank processing in mind rather than everyday hand-to-hand use.