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The lira of Parma was introduced by Duchess Marie Louise, Duchess of Parma, who issued coin denominations of 1, 3, 5, 25, 50 cents and 1, 2, 5, 20 and 40 lire, [14] while gold coins of 10, 50, 80 and 100 lire were also minted from the Piedmont-Sardinia lira introduced by Victor Emmanuel I of Savoy.
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).
100 Italian lira (1979, FAO celebration) Obverse: Young woman with braid facing left and Repubblica Italiana [Italian Republic] written in Italian. Reverse: Cow nursing calf, face value & date. FAO at bottom and Nutrire il Mondo [Feed the world] at top. Coin minted by Italy in 1970s to celebrate and promote the Food and Agriculture Organization.
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.
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 Venetian grosso then became Venice's most important silver coin from the 13th to 15th centuries. It contained 2.1 g fine silver and was valued in 1200 CE at 26 denari piccoli, increasing to 48 piccoli by 1350. The lira di grossi was then invented as a monetary unit equal to 240 grossi and increasing in value from 26 to 48 lire piccoli.
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.
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