Italian lira coins with “Repubblica Italiana” or “Repvbblica Italiana” on them are from the period when the lira was the official currency of Italy, before the introduction of the Euro.
Here’s some information about Republica Italiana coins:
- Circulation Period: The Italian lira was in circulation until January 1, 1999, when it was replaced by the Euro. Old lira coins ceased to be legal tender on February 28, 2002.
- Collectible Value: While no longer legal currency, some Repubblica Italiana coins are valuable to collectors, particularly rarer varieties or coins in excellent condition.
- Denominations: Repubblica Italiana coins were issued in various denominations, including 50 lire, 100 lire, 500 lire, and others.
- Common Designs:
– 50 Lire: The 50 lire coin features a woman’s head with an oak leaf crown on the obverse and the inscription REPVBBLICA ITALIANA.
– 100 Lire: Early versions of the 100 lire coin feature a laureate head on the front and the Roman goddess Minerva holding an olive tree branch on the reverse.
– 500 Lire: The 500 lire coin was the first bimetallic circulating coin and featured Braille numerals for accessibility.
In conclusion
Repubblica Italiana coins are historic artifacts representing a specific period in Italian history. While not used for everyday transactions anymore, they hold value for collectors interested in numismatics.
Are Italian lire coins worth anything?
The Italian Lira was replaced by the Euro in 2002 and Italian Lira coins and banknotes no longer have any monetary value. The exchange deadline for Italian Lira coins expired in 2011. However at Leftover Currency we continue to exchange coins from Italy for a value that covers their metal value.
Are Italian lira coins silver?
Good point! 50, 1 lira, 2, 5, 10 and 20 lire, with the lowest four in copper, the highest two in gold and the remainder in silver. In 1863, silver coins below 5 lire were debased from 90% to 83.5% and silver c. 20 coins were introduced.