1976 Italy 500 Lire "Biglietto di Stato - Arethusa"  {N24 370830}  ~~ VERY FINE +++ CONDITION

 VERY FINE +++ CONDITION(Please check the picture, you will receive the exact same note featured in the picture.)

DETAIL OF THE BANKNOTE -

Later, in the sixties and exactly in 1966, a 500 Lire State Ticket was printed. These Italian 500 Lire Banknote are printed by the State Printing and Mint Institute, signed by the Treasurer of the Treasury Ministry. It was not a banknote issued by the Bank of Italy but a title from the State, so seigniorage belonged directly to the State. In fact the wording is no longer Bank of Italy but “Italian Republic”. The Arethusa state ticket was introduced to replace the 500 lire Silver coin (the one with the caravels), whose production costs became too high due to the increase of the silver quotation. The size of the new banknote, further reduced compared to the previous banknotes, is now 110 x 55 mm. On the front, the banknote represented the head of the Arethusa Nymph with the symbols of the Dolphins, the Eagle and the Snakes around it. With cornucopias on the watermark.

BUYER GETS THE SAME NOTE IN PICTURE.