Image: Wikimedia Commons · Nicholas Gemini · CC BY-SA 3.0
Italian Republic 1 Lira
Italy
1946–1951
Reference data compiled from public catalogs
Estimated Melt Value
$0.01
Based on Copper spot price ($6.07/oz) · 95.0% purity · 1g
Updated 6:41 PM
Collector premium not included
Specifications
| Country | Italy |
| Years Minted | 1946–1951 |
| Composition | Bronze |
| Weight | 1 g |
| Diameter | 21 mm |
| Shape | Round |
| Edge | Plain |
Design
Obverse
Features the head of a woman representing Italia facing left, with the inscription 'REPVBBLICA ITALIANA'.
Reverse
Depicts the denomination '1 LIRA' and the year, surrounded by a wreath.
History & Notable Facts
This coin, struck from 1946 to 1951, was one of the first to bear the Italian Republic's emblem, a simple gear and wheat design that symbolized the nation's industrial and agricultural rebirth amid postwar rubble.
That design came from sculptor Giuseppe Romagnoli, whose work appeared on millions of bronze planchets recycled from pre-war stock to conserve materials in a battered economy. The coins were produced at the Rome mint, with variations in die types across the years that can trip up even seasoned collectors.
We don't know the exact mintage for every year; records from that era are spotty, likely lost in bureaucratic chaos. Still, these 1 Lira pieces circulated widely, often showing wear from daily use in markets and shops.
The coin's edge is reeded, a practical choice to deter clipping during inflation. Numismatists might note that, for a coin so common, it's rarely found in pristine condition—perhaps because everyone handled them like pocket change.
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