Italy. 20000 x 10000000 lire 1978 (No reserve price)
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Italian bearer certificate for 20,000 500-lire bonds, with a total nominal value of 10,000,000 lire, issued by the Istituto Nazionale di Credito Edilizio in 1978.
AI-assisted summary
Description from the seller
This is a certificate for 10% Twenty-Year Bonds (1978–1998), issued by the National Institute for Building Credit (INCE), based in Rome, and dated October 1, 1978.
• Type and Series: Bearer security, Series D, number 7500496.
• Amount: Represents a block of no fewer than twenty thousand bonds, each worth 500 lire, for a substantial total face value of 10,000,000 lire (ten million).
• Graphic and historical details: Features elegant, classically inspired graphics printed by Stab. L. Salomone - Rome, with an elaborate brown/burgundy ornamental border on a shaded green background and a central illustration depicting a stylized Roman arch. It bears embossed cancellation seals, the signatures of the General Manager, Chief Accountant, and a Board Member, as well as ink stamps from Banca Popolare di Novara - Milan Branch.
• Coupons and reverse: Some of the original large semiannual coupons (nos. 37, 38, 39, 40), each worth 500,000 lire, are still attached along the right-hand edge. The reverse is printed with the legal details of the issue (“Bond Terms”) and bank date stamps documenting its journey through 1993.
Collectible value estimate
The National Institute for Building Credit is a historic issuing institution highly valued by collectors of Italian scripophily, especially for large-denomination certificates with a strong visual impact, such as this one.
• Rarity and market: Although this is not an exceptionally rare security, 10-million-lire denominations with coupons still partially attached are always well received compared with smaller denominations of just a few thousand lire.
• Condition: The front is very well preserved, with vivid colors and crisp lettering. There are the usual folds from storage and some slight fraying/small tears along the blank left-hand margin, which do not affect the printed or illustrated part of the security.
AI help with product description
Excellent historical value for scripophily
Stored in A4 PVC sleeves.
Good condition. See the image for an accurate impression.
Shipped by registered mail with tracking included and protective packaging.
This is a certificate for 10% Twenty-Year Bonds (1978–1998), issued by the National Institute for Building Credit (INCE), based in Rome, and dated October 1, 1978.
• Type and Series: Bearer security, Series D, number 7500496.
• Amount: Represents a block of no fewer than twenty thousand bonds, each worth 500 lire, for a substantial total face value of 10,000,000 lire (ten million).
• Graphic and historical details: Features elegant, classically inspired graphics printed by Stab. L. Salomone - Rome, with an elaborate brown/burgundy ornamental border on a shaded green background and a central illustration depicting a stylized Roman arch. It bears embossed cancellation seals, the signatures of the General Manager, Chief Accountant, and a Board Member, as well as ink stamps from Banca Popolare di Novara - Milan Branch.
• Coupons and reverse: Some of the original large semiannual coupons (nos. 37, 38, 39, 40), each worth 500,000 lire, are still attached along the right-hand edge. The reverse is printed with the legal details of the issue (“Bond Terms”) and bank date stamps documenting its journey through 1993.
Collectible value estimate
The National Institute for Building Credit is a historic issuing institution highly valued by collectors of Italian scripophily, especially for large-denomination certificates with a strong visual impact, such as this one.
• Rarity and market: Although this is not an exceptionally rare security, 10-million-lire denominations with coupons still partially attached are always well received compared with smaller denominations of just a few thousand lire.
• Condition: The front is very well preserved, with vivid colors and crisp lettering. There are the usual folds from storage and some slight fraying/small tears along the blank left-hand margin, which do not affect the printed or illustrated part of the security.
AI help with product description
Excellent historical value for scripophily
Stored in A4 PVC sleeves.
Good condition. See the image for an accurate impression.
Shipped by registered mail with tracking included and protective packaging.
Details
Era
1900-2000
Grade (Certified notes)
Ungraded
Country/province
Italy
Year/period and variation
1978
Certified
Not encapsulated (see images for a proper impression of the grade)
Quantity x nominal value
20000 x 10000000 lire
Number of items
1
Theme
Finance
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