Collection PL

About

By 1871–72 Italy was politically unified on paper but economically fragmented. The capture of Rome had completed the Risorgimento, yet terre irredente still lay outside the borders, literacy remained patchy, and provincial commerce relied on a patchwork of banks and currencies. The lira, newly declared the national unit, was still asserting itself against entrenched local issues. Security printers in London, Paris and Turin were asked to supply designs that projected stability and modern creditworthiness for a state still proving itself.

For collectors, this moment survives most clearly in specimens and proofs. These retain margins, imprints and watermark experiments that were stripped away once circulation began. They document the ambitions of private issuers and the aesthetic vocabulary of the early lira: heavy lathe-work, allegorical vignettes, and oversized layouts that looked forward rather than back to the provincial past.

The set below frames that transition from several angles: the bold, oversized Banca Italo-Germanica 250 Lire specimen (1871–72); Bologna’s odd-denomination Credito Agricolo 30 Lire specimen (1869, Serial No.0001); and the Gem-grade Credito Fondiario 50 Lire specimen (1866). For early-Kingdom context, the Banco di Napoli “Fede di Credito” specimen (ND 1868; template credit certificate, 50–200 Lire range) shows how engraved fedi di credito coexisted with later private-bank layouts—less scarce than the Bologna pieces, but an important bridge between 19th-century credit instruments and unified lira-era design.

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Italy 1871–1872 Banca Italo-Germanica 250 Lire specimen, Pick S976s, Bradbury Wilkinson & Co., PMG 64 Top Pop

Italy 1871–1872 - Banca Italo-Germanica 250 Lire Specimen (Pick S976s)

An exceptional and academically important survival from the experimental phase of Italy’s early post-unification banking era, this 250 Lire specimen from the short-lived Banca Italo-Germanica, cataloged as Pick S976s, represents one of the rarest and most ambitious private note-issuing projects attempted in Rome during the 1870s. No issued examples of this type are known to exist, and all scholarship indicates that the bank’s banknote program collapsed before any notes entered circulation, leaving only a microscopic number of presentation pulls, proofs, or internal printer’s archive sheets. This PMG 64 Choice Uncirculated example is the sole graded specimen in the PMG census, making it both Top Pop and Only Pop. Read more →

ItalySpecimen1871250 LirePMG 64 (Top Pop) Private BankOversizedSpecimenDouble Punch HolePunch Cancelled250 LireEngraved Security PaperProof and Archive PieceBradbury WilkinsonBWCPick S976sItalian StatesPost Unification ItalyItalian Banking HistoryFailed Banknote IssuesGerman Capital in Italy19th Century FinanceNational AllegorySecurity Printing HistoryRome Banking ExperimentsUnissued Banknote ProjectItaly1871PMG 64Top PopR9 Extremely RareUniqueMuseum Grade
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Italy 1871 Germania with shield and spear vignette die proof engraved by Bradbury Wilkinson for the Banca Italo-Germanica 250 Lire (Pick PS976)

Italy 1871 - Standing Italia Vignette Die Proof used on Banca Italo-Germanica 250 Lire

Bradbury Wilkinson developed banknote designs from separately engraved components, including allegorical figures, portraits, heraldic devices, landscapes, architectural views, borders and denomination elements. This proof documents that component stage directly, preserving the complete Standing Italia engraving apart from the lettering, counters, serial fields and financial text of the finished note. Read more →

ItalyVignette1871-Uncirculated Italia AllegoryDie ProofBanca Italo-Germanica250 LireItalian StatesBradbury WilkinsonBWCItaly1871
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Italy ND (1868) Banco di Napoli Fede di Credito specimen, ICG 60 AU/UNC

Italy 1868 - Banco di Napoli Fede di Credito 50–200 Lire Specimen (Pick Unlisted)

Certified ICG AU/UNC 60, this piece preserves original paper texture with light handling only. Surviving examples are rarely encountered, as most fede di credito were redeemed and destroyed. It stands as one of the earliest engraved forms linking Italian unification banking reforms with centuries-old Neapolitan credit practices, bridging medieval traditions and modern note engraving. Read more →

ItalySpecimen186850–200 LireICG 60 AU/UNC Pick-UnlistedBradbury WilkinsonBWCSpecimenItalian KingdomBanco di Napoli50 lire200 lireItaly1868
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Italy 1869 Credito Agricolo della Cassa di Risparmio in Bologna 30 Lire specimen serial number 0001 printed by Bradbury Wilkinson and Company PMG 63 Top Pop

Italy 1869 - Credito Agricolo della Cassa di Risparmio in Bologna 30 Lire Specimen (Pick Unlisted)

The left-hand section of the instrument serves as an issuance and administrative panel, incorporating emission, series, and serial fields. This structure confirms the note’s intended use within a tightly controlled credit environment, where each instrument would be individually recorded and validated at the point of release. The integration of administrative and engraved sections on a single instrument provides direct insight into the operational mechanics of agricultural credit distribution in late nineteenth century Italy. Read more →

ItalySpecimen186930 LirePMG 63 Choice Uncirculated Top Pop Serial Number 0001 SpecimenAgricultural Credit NoteCredito AgricoloCassa di Risparmio in BolognaPrivate Banking InstrumentControlled Credit IssueOdd Denomination30 LireBradbury Wilkinson and CompanySecurity PrintingGuilloche EngravingBlue UnderprintPortrait MedallionIssuance PanelItalian Banking HistoryPost Unification ItalyNineteenth Century FinanceAgricultural Credit SystemHistoryItaly1869Pick UnlistedPMG 63Top PopUniqueR9 Extremely RareMuseum Grade
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Italy 1869 Bradbury Wilkinson engraved portrait vignette used directly in the Credito Agricolo della Cassa di Risparmio in Bologna 30 Lire banknote design

Italy 1869 - Credito Agricolo della Cassa di Risparmio in Bologna 30 Lire Portrait Vignette (Bradbury Wilkinson and Company)

The imprint of Bradbury Wilkinson and Company, Engravers, London, confirms its origin within one of the most important security printing firms of the period. Their involvement underscores the reliance of continental European financial institutions on British engraving expertise during the early development of modern banking systems. Read more →

ItalyVignette1869Not ApplicablePMG Certified VignettePortrait VignetteEngraving ProofIntaglio EngravingBradbury Wilkinson and CompanySecurity PrintingDesign ElementBanknote ProductionCredito AgricoloCassa di Risparmio in Bologna30 Lire30 Lire IssueCompanion PieceLinked ArtifactItalian Banking HistoryPost Unification ItalyNineteenth Century FinanceHistoryItaly1869Pick UnlistedR8 Extremely RareMuseum Grade
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Italy 1866 Credito Fondiario di Bologna 50 Lire specimen, PMG 66 EPQ

Italy 1866 - Credito Fondiario di Bologna 50 Lire Specimen (Pick Unlisted)

Graded PMG 66 EPQ Gem Uncirculated and ranked Top Pop, this is the finest certified survivor of the type. It serves as both a benchmark example of Bradbury Wilkinson’s Italian work and a tangible artifact of how Bologna’s banks attempted to project security and prestige during the turbulent 1860s. For collectors, it represents a fusion of art, finance, and political symbolism at the dawn of modern Italy. Read more →

ItalySpecimen186650 LirePMG 66 EPQ (Top Pop) OversizedSpecimen ProofProofSpecimenPrivate BankItalian StatesPick UnlistedTop PopPMG 66 EPQ50 lireBradbury WilkinsonBWCItaly1866
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Italy 1871 Germania with shield and spear vignette die proof engraved by Bradbury Wilkinson for the Banca Italo-Germanica 500 Lire design

Italy 1871 - Germania with Shield and Spear Vignette Die Proof Used on 500 Lire (Pick PS977)

Very few impressions of these working proofs survive because they were produced solely for internal approval and archival reference within the printer’s workshop. Once the engraving was accepted and transferred to production plates, most proof pulls were discarded. This surviving example therefore preserves both the technical precision of Bradbury Wilkinson’s engraving and the allegorical program chosen to represent an ambitious cross-European banking institution at the moment of Germany’s political unification. Read more →

ItalyVignette1871-PMG Certified (Vignette Proof) VignetteVignette ProofIntaglio PrintSteel EngravingBanknote EngravingGermania AllegoryGermania with Shield and SpearFemale Personification of GermanyImperial Eagle ShieldBradbury WilkinsonBWCSecurity Printing19th Century EngravingEngraving Approval StageBanca Italo-GermanicaItalo-German Banking RelationsEuropean Banking HistoryGerman Unification EraItaly1871500 LirePS977Museum Grade
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Italy 1870 Banca Toscana di Anticipazioni e di Sconto 2 Lire Pick Unlisted PMG 64 Choice Uncirculated

Italy 1870 - Banca Toscana di Anticipazioni e di Sconto 2 Lire (Pick Unlisted)

These cashier’s notes formed the short‑term liquidity layer of Italy’s regional banking scene in the 1860s–1870s, sitting between coin and larger banknotes. They were meant to circulate locally and be redeemed at the issuing bank’s counter, which is why most survivors are heavily used or cancelled. Unlisted in Pick, the type documents how private banks bridged payments before national note‑issuing policy consolidated in the late 19th century. Read more →

ItalyPrivate Bank Cashier’s Note18702 LirePMG 64 Choice Uncirculated ItalyPick UnlistedBanca Toscana2 LirePrivate Bank NoteFlorence1870Cashier’s NoteUnlisted
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Italy 1781 Regie Finanze di Torino five scudi front proof sheet with two impressions from plate 1 and plate 2, visible plate numbers, deep intaglio bite, unique surviving proof sheet

Italy 1781 - Regie Finanze di Torino 5 Scudi Front Proof Sheet (Pick Unlisted)

This uncut front proof sheet represents the five scudi denomination prepared for the Regie Finanze of the Kingdom of Sardinia and dated Torino il primo Luglio 1781. It is a true proof-stage production sheet and constitutes the only currently documented multi-impression sheet of this denomination. The sheet is printed from the earliest engraved plates, specifically plate numbers one and two. Read more →

ItalyProof17815 ScudiUncirculated ProofFront ProofProof Sheet5 ScudiRegie Finanze di TorinoPlate NumberedPlate 1Plate 2Kingdom of SardiniaSavoyard State FinanceEighteenth Century CurrencyItalian State Paper MoneyPre Central Bank EraSecurity Printing HistoryItaly1781Pick UnlistedMuseum GradeR9 Extremely RareUniqueUnique Proof Sheet
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Italy Regie Finanze di Torino 100 lire back proof sheet in pre-date control state from plate 2, full margins, undated control framework

Italy 1745 - Regie Finanze di Torino - 100 Lire Back Proof, Pre-Date Control State (Pick Unlisted)

This proof sheet represents the back of the one hundred lire denomination prepared for the Regie Finanze of the Kingdom of Sardinia and preserves a pre-date control state in which the control framework is fully engraved but carries no engraved date. All elements originate from plate number two. The entire composition is enclosed within a rectangular ornamental frame and printed under full intaglio pressure on official laid paper, with plate impression clearly visible from the verso. Read more →

ItalyBack Proof1745100 LireUncirculated ProofBack ProofPre-Date Control State100 LireRegie Finanze di TorinoPlate 2Control FrameworkKingdom of SardiniaSavoyard State FinanceEighteenth Century CurrencyItalian State Paper MoneyPre Central Bank EraSecurity Printing HistoryItaly1745Museum GradeR9 Extremely RareUniquePick Unlisted
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Italy Regie Finanze di Torino 100 lire back proof sheet dated 1746 from plate 2, showing crowned Savoyard shield, laurel wreath, denomination cartouches, full legal text, and complete ornamental frame

Italy 1746 - Regie Finanze di Torino - 100 Lire Back Proof, Fixed-Date Control State (Pick Unlisted)

The engraving exhibits consistent line depth and sharply articulated lettering throughout, with fully populated ornamental borders, scrolls, and text fields in this state. The presence of the engraved date and complete legal text distinguishes this control state from earlier undated framework impressions. Read more →

ItalyBack Proof1746100 LireUncirculated ProofBack ProofFixed-Date Control State100 LireRegie Finanze di TorinoPlate 2Control FrameworkKingdom of SardiniaSavoyard State FinanceEighteenth Century CurrencyItalian State Paper MoneyPre Central Bank EraSecurity Printing HistoryItaly1746Pick UnlistedMuseum GradeR9 Extremely Rare
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Italy Regie Finanze di Torino 100 lire front proof sheet from plate 2 dated 1765 showing landscape vignette with Savoyard shield, obligation text panels, denomination inscriptions, and full ornamental frame

Italy 1765 - Regie Finanze di Torino - 100 Lire Front Proof, Final Face State (Pick Unlisted)

The upper text field carries the denomination and obligation wording beginning with Per il Capitale di lire cento, followed by the dated line Torino il p. Gen. 1765. Beneath this appear engraved signature titles arranged in vertical alignment, including Maestro Auditore, Maestro Auditore, Tesoriere generale, and Controllore della Tesoreria, with ruled signature lines left blank. Read more →

ItalyProof1765100 LireUncirculated ProofFront ProofFinal Face State100 LireRegie Finanze di TorinoPlate 2Kingdom of SardiniaSavoyard State FinanceEighteenth Century CurrencyItalian State Paper MoneyPre Central Bank EraSecurity Printing HistoryItaly1765Pick UnlistedMuseum GradeR9 Extremely Rare
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