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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).
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 ...
English: 500 lira coin, 1960, Italy. Silver assay value 835, diameter 29.4 mm, weight 11.04 g. Three caravels of Columbus are depicted on the obverse. Edge with an inscription in raised letters "(REPVBBLICA ITALIANA * * * 1960 * * *)".
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 ...
The first modern circulating bi-metallic coin was the Italian 500 lire, first issued in 1982. [7] Based on the minting process of the lire coin, A list of All bi-metallic coins can be found here. The first ever tri-metallic circulating coins were 20-francs coins introduced in France and Monaco in 1992.
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 1 Lira and 2 Lire ceased production in 1977, followed by the 5 Lire in 1978.
After the 1746 siege the Genoese lira was devalued with the scudo d'argento rising from 8.74 to 9.5 lire (or 3.86 g fine silver in a lira). When the period of the Republic ended in 1797, the one lira coin weighed 4.16 g at 8/9 fine, equal to 3.70 g fine silver or 0.239 g fine gold.
No coins were issued for this currency, with old Italian coins still circulating, although heavily devalued. The 50 centesimo piece for example was worth just a quarter of a penny. Notes were issued in denominations of 1 lira and 2, 5, 10, 50, 100, 500 and 1,000 lire.