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500 Lire
| Issuer | Banca d'Italia |
|---|---|
| Year | 1938-1939 |
| Type | Standard circulation banknote |
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| Composition | Log in to see details |
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| Designer(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | SERIE SPECIALE AFRICA ORIENTALE ITALIANA / BANCA D'ITALIA / LIRE CINQUECENTO / PAGABILE A VISTA AL PORTATORE / È VIETATA LA CIRCOLAZIONE FUORI DEI TERRITORI DELL'AFRICA ORIENTALE ITALIANA |
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| Protection type | Watermark |
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| Comments |
The Banca d'Italia began printing this series in-house at its Rome facility in the late 1930s, a period when the bank was operating under substantially reduced autonomy following Mussolini's 1936 banking reforms, which brought the institution firmly under state control. That political reality shaped everything from currency policy to the design approval process.
The P#3 designation in the Pick catalogue covers a fairly tight date range, and notes from the 1939 printings are meaningfully scarcer than the 1938 issues — wartime disruptions to normal banking channels accelerated hoarding before many examples entered sustained circulation.