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Increases in the silver bullion price led to the 500 lire coins being produced only in small numbers for collectors after 1967. The 500 lire (and later the 1,000 lire) also appeared in a number of commemorative coin issues, such as the centennial of Italian unification in 1961. Between 1967 and 1982, two types of "paper money" were issued with ...
The banknotes for 1, 2, 5 and 10 lire are a square shape, and the 50, 100, 500 and 1,000 lire have a rectangular shape, same general shape as the U.S. dollar. The second issue (Series 1943 A) was printed only by the FLC, and was added to the indication in letters (in Italian and English) of the value.
The Quota 90 (Italian: Quota novanta) was a controversial revaluation of the lira undertaken by Mussolini, announced on August 18, 1926, at a speech in Pesaro, pegging the exchange rate to Lit. 92.46 to £1 stg (19 lire against the US Dollar) [1] by December 1927, which had been the prevailing market rate when Mussolini took power in 1922.
In 1947, a new coinage was introduced consisting of aluminium 1 Lira, 2 Lire, 5 Lire and 10 Lire. The sizes of these coins were reduced in 1951. The sizes of these coins were reduced in 1951. In 1955, stainless steel 50 Lire and 100 Lire were introduced, followed by aluminium-bronze 20 Lire in 1957 and silver 500 Lire in 1958.
Lire 10 and Lire 20 coins dated 2000 or 2001 were struck in sets only. The Lire 500 coin was the first bimetallic circulating coin, and was also the first circulating coin to feature Braille numerals (a Braille "L. 500" is on the upper rim of the coin's reverse, above the building).
Italy has a long history of different coinage types, which spans thousands of years. Italy has been influential at a coinage point of view: the medieval Florentine florin, one of the most used coinage types in European history and one of the most important coins in Western history, [1] was struck in Florence in the 13th century, while the Venetian sequin, minted from 1284 to 1797, was the most ...
Lira is the name of several currency units. It is the current currency of Turkey and also the local name of the currencies of Lebanon and of Syria.It is also the name of several former currencies, including those of Italy, Malta and Israel.
The first minting of the florin occurred in 1252. At the time the value of the florin was equal to the lira, but by 1500 the florin had appreciated; seven lire amounted to one florin. [4] In the 14th century, about 150 European states and local coin-issuing authorities made their own copies of the florin.