Image: Wikimedia Commons · Livioandronico2013 · CC BY-SA 4.0
Italian 2 Lire
Italy
1861–1946
Reference data compiled from public catalogs
Estimated Melt Value
$21.25
Based on Silver spot price ($79.17/oz) · 83.5% purity · 10g
Updated 6:41 PM
Collector premium not included
Specifications
| Country | Italy |
| Years Minted | 1861–1946 |
| Composition | 0.835 silver |
| Weight | 10 g |
| Diameter | 27 mm |
| Shape | Round |
| Edge | Reeded |
Design
Obverse
Features the portrait of the reigning king, such as Vittorio Emanuele II, facing left.
Reverse
Displays the denomination '2 Lire' within an olive wreath.
History & Notable Facts
The Italian 2 Lire coin, introduced in 1861, was among the first to bear the effigy of Vittorio Emanuele II, symbolizing Italy's unification after centuries of fragmentation.
That portrait, based on engravings by Giuseppe Romagnoli, appeared on silver planchets that were .835 fine until 1926, when the metal shifted to cheaper alloys due to wartime economies. Variations in design reflected political shifts; for instance, later issues under Mussolini added fascist symbols. Mintage figures vary by year, but records for the 1870s are spotty, likely destroyed in archival fires.
One oddity: the coin's diameter shrank over time, making it easy to mistake for a button in a pocket. As for myths, I've heard tales of hidden treasures in old lira hoards, but that's just romantic nonsense—most ended up in piggy banks.
We don't know exactly how many survive today, though uncirculated specimens from the 1890s fetch a modest premium. It's a straightforward piece of currency history, nothing more.
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