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Banca d'Italia (Italian for Bank of Italy), also known as Bankitalia, is the central bank of Italy and part of the European System of Central Banks. It is located in Palazzo Koch, via Nazionale, Rome. The institution was established in 1893 from the combination of three major banks in Italy (after the Banca Romana scandal). The Banca Romana scandal surfaced in January 1893 in Italy over the bankruptcy of the Banca Romana, one of the six national banks authorised at the time to issue currency.
Obverse
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Depicts allegorical portrait of Italian Republic with wings springing out of the head as a symbol of freedom and intelligence. REPVBBLICA ITALIANA ★ |
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Reverse
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Monogram within design divides dates within circle, value below. Inscription "Bank of Italy Centennial" around. CENTENARIO DELLA BANCA D'ITALIA |
Edge |
Characteristics
Type | Commemorative Issue (Circulating) |
Material | Bi-Metallic |
Ring | Acmonital |
Center | Bronzital |
Weight | 6.8 g |
Diameter | 26 mm |
Thickness | 2 mm |
Shape | round |
Alignment | Coin |
Mint |
Italian State Mint and Polygraphic Institute (IPZS)
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