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Miniassegni

1975–1978 ・ paper ・ 20th century ・ Local banks across Italy

Miniassegni(obverse)
Giaccai / CC BY-SA 4.0(Wikimedia Commons)

Small cheques of 50 to 200 lire issued by banks all over Italy in the coin-starved late 1970s, used as de facto private paper money for making change. People took their coffee change in little slips printed with a bank's name. When money runs short, the market makes something money-like of its own.