Image: Wikimedia Commons · Philippe Giabbanelli · CC BY-SA 3.0
Italian 1 Lira
Italy
1861–1946
Reference data compiled from public catalogs
Estimated Melt Value
$0.05
Based on Copper spot price ($6.07/oz) · 95.0% purity · 4g
Updated 6:41 PM
Collector premium not included
Specifications
| Country | Italy |
| Years Minted | 1861–1946 |
| Composition | Bronze |
| Weight | 4 g |
| Diameter | 21 mm |
| Shape | Round |
| Edge | Plain |
Design
Obverse
Features the portrait of King Vittorio Emanuele III facing left.
Reverse
Depicts the denomination within an oak and laurel wreath, with the date below.
History & Notable Facts
The Italian 1 Lira coin, despite its modest bronze composition, was one of the first currencies to unify Italy's fragmented regions under a single minting standard in 1861. That meant peasants in Sicily could finally trade with merchants in Piedmont without haggling over ducats or florins.
Struck primarily at the Milan and Rome mints, it featured evolving designs that reflected political shifts—from Vittorio Emanuele II's profile in the early years to fascist symbols under Mussolini. The coin's diameter remained consistent at about 24 millimeters, but its weight dipped during World War II due to metal shortages. Exact mintage numbers for many years are murky; records from the 1920s onward were poorly kept.
Variations exist, like the 1908 restrike, which reused older dies and can fool the unwary. It's a sturdy piece, often found in decent condition after decades of pocket wear. Some years, like 1943, saw reduced production because of the war effort—simple as that.
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