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Like the Vatican lira, the Sammarinese lira was at par with the Italian lira. Italian lira notes and coins were legal tender in San Marino (and vice versa). Specific Sammarinese coins were minted in Rome, and were legal tender in Italy, as well as the Vatican City. San Marino switched to the euro along with Italy and the Vatican City.
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).
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.
The assets entrusted to the administration (previously in the care of what was its Extraordinary Section) were initially 750 million Italian lire (at that time equivalent to £8,152,000) in cash and 1 billion Italian lire (at that time equivalent to £10,869,000) in Italian State bonds, an amount less than Italy would have paid under the Law of Guarantees of 1871, if the Holy See had accepted ...
The 1 lira cent (Italian: centesimo di lira), commonly called centesimino, [1] was the smallest denomination of Italian lira coins. Like the contemporary 1, 2 and 5 cent coins, it was made of a bronze alloy composed of 960‰ copper and 40‰ tin. [2] The 1-cent coins were minted between 1861 and 1918, only to be withdrawn from circulation in ...
The lira fell steadily, from 560 lira to the U.S. dollar in 1973 to 1,400 lira in 1982. [ 57 ] The economic recession went on into the mid-1980s until a set of reforms led to the independence of the Bank of Italy [ 58 ] and a big reduction of the indexation of wages [ 59 ] that strongly reduced inflation rates, from 20.6% in 1980 to 4.7% in ...
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 ...
Italian euro coins have a design unique to each denomination, though there is a common theme of famous Italian works of art throughout history. Each coin is designed by a different designer, from the 1 cent to the 2 euro coin they are: Eugenio Driutti, Luciana De Simoni, Ettore Lorenzo Frapiccini, Claudia Momoni, Maria Angela Cassol, Roberto Mauri, Laura Cretara and Maria Carmela Colaneri.