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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 ...
Coin production resumed slowly in 1946, reaching 1 million minted in 1948, with the purchasing power of the lira reduced to 2% of its value in 1939. Initially, 1 lira, 2, 5 and 10 lire coins were issued in aluminium. These coins were in circulation together with the AM-lire and some of the old, devalued coins of the Italian Kingdom.
In the 14th century, about 150 European states and local coin-issuing authorities made their own copies of the florin. The most important of these was the Hungarian forint , because the Kingdom of Hungary was a major source of European gold (until mining in the New World began to contribute to the supply in the 16th and 17th centuries, most of ...
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. [8] From 1797 the Genoese lira and all its auxiliary units were replaced by the French franc, and afterwards the Italian lira. However, the Mint of Genoa remained in operation by issuing coins until 1860 ...
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).
Copper coins were struck in denominations of 1 and 3 quattrini, together with billon 5 and 10 quattrini, silver 1 ⁄ 2, 1 and 5 paolo, 1 ⁄ 4, 1 ⁄ 2, 1 and 4 fiorini. Gold coins included the sequin (Italian: zecchino), ruspone and 80 fiorini, the latter two equalled 3 and 10 sequins respectively.
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A huge variety of coins were minted under their post-1750 currency system when the lira piccola contained 2.4 grams fine silver, with many coins having unique names as follows: [2] [3] Copper 1 ⁄ 2 soldo (bezzo) Billon 1 soldo (marchetto), 2 soldi (gazetto, from which the gazette was named after), 5, 10, 15 soldi and 30 soldi (lirazza)
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