Bank.notes

Collection Italy #722

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1000 Lire / 500 Lire Italian Lira (ITL)

Italy 1969 1946_1989 VF P-101 Needs review ✦ AI 75%
mismatched_pair
Front · IMG_6760.jpeg cropped
Back · IMG_6761.jpeg cropped
Pair check: not yet checked
Identity

Where & when

Country Italy
Currency Italian Lira (ITL)
Denomination 1000 Lire / 500 Lire
Series name
Series year 1969
Issue year 1969
Era 1946_1989
Legal status demonetized
Predecessor currency
Successor currency Euro (EUR)
Subjects & design

What's on the note

Front portrait
Reverse subject Head of Italia (allegorical female personification of Italy)
Watermark Head of Italia (same as reverse portrait) in clear field at left
Color palette #d4c5a0,#8b7355,#a0c8c8
Themes architecture,mythology
Language / script Latin

Front: Teatro alla Scala (La Scala) in Milan, the world-renowned opera house inaugurated in 1778. Designed by neoclassical architect Giuseppe Piermarini, La Scala is one of the leading opera and ballet theatres globally and has premiered works by Verdi, Puccini, Bellini, and Rossini among others. The building's facade with its distinctive arched windows is shown in detailed engraving, representing Italian cultural heritage and the nation's contribution to opera and performing arts.

Back: Head of Italia, the allegorical female personification of the Italian Republic, shown in classical profile facing right with elaborately curled hair in the Greco-Roman style. This symbolic representation of Italy as a goddess-like figure has been used on Italian currency since the late 19th century, embodying the nation's identity, unity, and connection to classical antiquity. The portrayal draws on Roman numismatic tradition and neoclassical artistic conventions.

Production

How it was made

Issuer Banca d'Italia
Issuer (native) BANCA D'ITALIA
Printer Istituto Poligrafico e Zecca dello Stato
Engraver E. Vangelli
Material paper
Dimensions (mm) 160x75

Signatures: Il Dirett. Gen. del Tesoro: [signature]; Il Cassiere Speciale: [signature]; V. per la Corte dei Conti: [signature]

Security features: watermark,microprint,intaglio,guilloche_patterns

Geography

Italy in Europe

Italy in Europe. Other countries on the same continent shown in muted grey.

The story

Background & history

This note is part of the 1969-1981 series of Italian Republic banknotes issued by the Banca d'Italia. The front displays a 1000 Lire denomination while the back shows 500 Lire, indicating this is a mismatched pair of two different denominations rather than the front and back of a single note. The 1000 Lire note (front, featuring La Scala) corresponds to Pick P-101, part of the Decree 20 February 1969 issue. The 500 Lire note (back, featuring the Head of Italia) corresponds to a separate series. Both were part of the Italian Lira system that circulated until the euro replacement in 2002. The text 'LA LEGGE PUNISCE I FABBRICATORI E GLI SPACCIATORI DI BIGLIETTI FALSI' on the front warns that the law punishes counterfeiters and distributors of false notes. Engraver E. Vangelli is credited on the back. The Italian Lira was demonetized on 28 February 2002 following euro adoption.

Catalogue

Collector references

Pick # 101
Krause ID
Rarity tier common
Series range 1969-1981
Provenance

How it came to me

Acquired date
Acquired from
Acquired price
Currency
Condition
Grade VF
Serial number D15 675646
Serial prefix D15

Note shows circulation wear with some discoloration, minor staining visible, and handling marks consistent with VF grade.

Valuation

What it's worth now

$5–$15
Type default range $5–$15
Valuation history (1)
datelowhighcurrencysourcenote
2026-05-10 09:37:17 5.0 15.0 USD ai from claude-sonnet-4-5
Technical

History & extractions

AI extractions (2)
anthropic · claude-opus-4-5 2026-05-10 09:37:17
status: ok · step 2 · $0.1863 · 7343↓ + 1016↑ tokens
anthropic · claude-sonnet-4-5 2026-05-10 09:37:17
status: ok · step 1 · $0.0425 · 7343↓ + 1362↑ tokens
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