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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 ...
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).
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.
The fiorino replaced the Tuscan lira at a rate of 1 + 2 ⁄ 3 lire = 1 fiorino. [1] In 1847, Tuscany absorbed Lucca and the fiorino replaced the Luccan lira at a rate of 1 fiorino = 2 lire. After a brief revolutionary coinage, the fiorino was replaced in 1859 by a provisional currency denominated in " Italian lira ", equal to the Sardinian lira ...
The Napoleonic Kingdom of Italy issued coins between 1807 and 1813 in denominations of 1 and 3 centesimi and 1 soldo (5 centesimi) in copper, c.10 in 20% silver alloy, s.5, s.10 and s.15 (or c.25, c.50 and c.75 centesimi), 1 lira, 2 lire and 5 lire in 90% silver and 20 lire and 40 lire in 90% gold.
In the late 18th century, copper coins circulated in denominations of q.1, q.2, and s.1, together with billon q.10 and silver 1 ⁄ 2, 1, 2, 5 and 10 paoli. In the early 19th century, copper s. 1 ⁄ 2 and s.2 were added, together with silver 1 lira and 10 lire. The 10-lira coin was known as dena and the 5-lira coin was known as meza-dena ...
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 ...
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 ...
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