Italian 1 Lira 1924 obverseObverse

Image: Wikimedia Commons · Albertomos · CC BY-SA 4.0

Italian 1 Lira 1924

Italy

1924–1936

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

CountryItaly
Years Minted1924–1936
CompositionBronze
Weight4 g
Diameter21 mm
ShapeRound
EdgePlain

Design

Obverse

Features the portrait of King Vittorio Emanuele III facing left, with inscriptions including 'RE ITALIANO'.

Reverse

Depicts the denomination '1 LIRA' within a wreath, along with the year.

History & Notable Facts

This 1924 Lira coin was struck at the Rome mint using bronze alloy, a material choice that reflected Italy's postwar economic constraints under the Fascist government.

Weighing about 4 grams and measuring 21 millimeters in diameter, it features the profile of King Vittorio Emanuele III on the obverse and the denomination with the Italian coat of arms on the reverse. That arms design, with its Savoy shield, persisted despite Mussolini's rising influence.

Mintage figures for 1924 are imprecise; official records from the era were spotty, and many were destroyed in later conflicts. What we know is that production ramped up in the mid-1920s to support currency reform.

Some numismatists note the coin's edge, which is reeded to deter clipping—a practical measure that outlasted the regime.

The design's simplicity might have been intentional, though that's speculation.

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