Monday 7 October 2024

3416) Coins Released In Continuing recognition of Italian Lire Legacy Coinage: 20 and 10 Lire Gold Coins issued by the Istituto Poligrafico e Zecca dello Stato (IPZS): Date of Coins issue: 18.09.2024:

3416) Coins Released In Continuing recognition of Italian Lire Legacy Coinage: 20 and 10 Lire Gold Coins issued by the Istituto Poligrafico e Zecca dello Stato (IPZS): Date of Coins issue: 18.09.2024:

The Header/Banner presents the Obverse and Reverse of the 20 & 10 Lire Gold Coins against a backgrounfd image of an agricultural field.

Italy’s Istituto Poligrafico e Zecca dello Stato (IPZS) has released its latest gold collector coins which are part of its popular series titled "La Riedizione Della Lire".

The familiar 10 lire design features on new 20 and 50 Euro Gold Coins.

The Italian Lira was the National (or official currency) since unification of the Italian Kingdoms and States in 1861 under the crown of Savoy and the King of Sardinia. 

However, it had use in several Italian States before unification as the Lira was introduced by the Napoleonic Kingdom of Italy in 1807 and at equal exchange with the French franc

Subdivided into one hundred centesimi, the currency became a founding member of the "Latin Monetary Union" (LMU) along with Belgium, France and Switzerland in 1865 with Greece joining in 1867

Emerging from the First World War, the Lira could no longer adhere to the exchange rates of the Latin Monetary Standard and as a consequence, the currency’s value against the US Dollar was devalued in 1927

During the Second World War, the Lira suffered further devaluation with an exchange rate of 120

At the end of the War, Italy emerged as a Republic in 1946 and with a currency linked to the Bretton Woods System by 1949.

New coins of one to ten Lire of the Republic were first released in 1946 and omitted any centesimi denominations. 

Bank of Italy Banknotes in values of 500 to 10,000 lire were issued between 1947 and 1948

Treasury Banknotes of 50 and 100 Lire were later released in 1951, which were then replaced by coins of the same value. 

The smallest value coins, one to ten lira were minted in aluminium and were later joined in 1954 by 50 and 100 lire coins minted in stainless steel chromium

20 lire coins were introduced into circulation in 1956 minted in a bronzital alloy and in 1958, silver coins of 500 lire were released

As a result of inflation, a monetary plan known as the "lira nuova" was proposed in the early 1970’s

The plan involved recalibrating the lira at 1000 old lira to one new lira, thus removing three zeroes from their calculation. 

Although the project remained dormant for several years, calls for it to be revived by the public and various members of government and business leaders put the topic in the forefront of national debate in 1984

Despite persistent heavy inflation and procrastination in government, the lira nuova was permanently abandoned in 1991 because of plans for a single European currency

In 1998, the newly established European Central Bank set irrevocable exchanges for the currencies of the countries participating in the Euro with the lire set at 1936.27 equalling one Euro. 

In 1999, the European Union’s single currency was given virtual status and in 2002, physical banknotes and coins were placed in circulation throughout the Euro-zone’s twelve member states. 

Thus, the 141-year history of the Italian Lira came to an end.

The Lire Coins:


- Launched in 2020, "la riedizione della lire" focusses on the second series of Italian coinage first released in 1951 and pays tribute to the 10 Lire denomination as the fourth design. 

Created by Italian medallist and sculptor Giuseppe Romagnoli (1872 - 1966), the Obverse  includes an image of a plow, the motif is representative of the country’s many agricultural industries.

eFeatured on the Obverse of both coins is the original design found on the 10 lire coins which were first issued in 1951, a plough positioned towards the lower half with the text "REPUBBLICA ITALIANA" placed above.

As an additional element to the design, the original motif is framed with a beaded border and below is the year of minting. 

The Reverse side features two ears of wheat stalks, detailed in their design and symbolising Italy’s tradition and history of ample food production. 

Superimposed and placed to the centre right is the bold numeral 10 without reference to the currency name.

The Reverse replicates the design included on the legacy coins depicting two stalks of wheat and a bold numeral 10. 

To the left side of the left wheat stalk is the mintmark "R" denoting the Mint of Rome. 

Added to the lay-out is the year "2024" and the denomination "20 or 50 EURO" placed below the primary design. 

The overall design is also framed with a beaded border with a reverse proof strike utilised for both denominations.

The Gold 20 and 50 Euro proof quality coins are in recognition of the iconic and timeless charm of the 10 Lire coins, one of the longest-running Italian coin series that spanned the history of the Italian Republic from 1951 to 2001.  

The original design is recreated on both 20 and 50 Euro reverse proof coins by IPZS engraver artist Maria Angela Cassol. 

 The specifications of the Coins are:

Denomination  Metal       Weight    Diameter Quality    Mintage Limit

20 Euro   .999 Gold 7.77 g.    22 mm.   Reverse Proof  999 pieces.

50 Euro   .999 Gold 15.5 g.    28 mm.   Reverse Proof  999 pieces.

- Available from the 18th September, both options are specially encapsulated and presented in a hardwood matte-polished case accompanied with a Certificate of Authenticity (COA)

- Each coin is available as a separate purchase.




The Twelve Apostles Coin Series:

1) "The Twelve Apostles", Vatican City: The Twelve Apostles Coin Series: The first Silver Coins of 5- and 10-Euro minted by the "Istituto Poligrafico e Zecca Dello Stato" (IPZS) on behalf of "Coommercializzazione Filatelica e Numismatica" (CFN) feature St. Peter & St. Andrew: Date of Coins issued: 10.11.2022

2) St.Andrew, Vatican Mint: A 10 Euro 22-gn Silver Proof Coin: The second Coin in "The Twelve Apostles Coin Series": Year of Coin issue: 2022



























35) St. Peter's Basilica in the Vatican (San Pietro in Vaticano), Republic of Palau: "Tiffany Art Metropolis Coin Series - San Pietro": Coin Invest Trust (CIT) has coordinated the issue of $500 (Gold) and $25 (Silver Coins minted by B.H. Mayer's Kunstprageanstalt GmbH at their facilities in Munich: Year of Coin issue: 2022

36) "The Twelve Apostles", Vatican City: The Twelve Apostles Coin Series: The first Silver Coins of 5- and 10-Euro minted by the "Istituto Poligrafico e Zecca Dello Stato" (IPZS) on behalf of "Coommercializzazione Filatelica e Numismatica" (CFN) feature St. Peter & St. Andrew: Date of Coins issued: 10.11.2022

37) "Towards the Holy Year 2025", Vatican City: A 200 Euro Gold Coin issued by the Commercializzazone Filatelica e Numismatica (CFN) to commemorate the three-year programme (2022-2023-2024) culminting in 2025: Date/Year of Coin issue: 19.12.2022

38) "Bergamo and Brescia", Italy: Five Euro Commemorative Copper Coins issued by the Istituto Poligrafico e Zecca dello Stato Italiano (IPZS) showcases the designated Italian Cultural Capital Cities: Date/Year of Coin issue: 20.02.2023

39) Luigi Vanvitelli (12.05.1700-01.03.1773), Architect and Painter, Italy: 250th Anniversary of his passing away: Five Euro (Silver) and Twenty Euro (Gold) Coins issued by the Istituto Poligrafico e Zecca dello Stato Italiano (IPZS) commemorate this celebrated Baroque Era Architect: Date/Year of Coin issue: 21.02.2023

40) "The Lateran Pacts between the Italian State and the Holy See", Vatican City State: 90th Anniversary Celebrations (1929-2019): The Ufficio Filetelco E. Numismatico (Office of the Philatelic and Numismatic Bureau of the Vatican) has issued an embroidered postage stamp of 8.40 Euro depicting the Coat of Arms of the Vatican City State: Date/Year of Stamp issue: 2019 (Reissued on 12.12.2022)

41) Environmental Protection as enshrined in the Italian Constitution, Italy: A Square-shaped bi-metallic Silver and Copper 5 Euro Coin brought out by the Istituto Poligrafico e Zecca dello Stato Italiano (IPZS) highlights environmental protection in the Italian constitution: Date of Coin issue: 27.04.2023

42) "The Resurrection of Christ" ("CHRISTVS RESVRREXIT"), Vatican City State: Rectangular-shaped Silver Proof and Colour Coins feature Renaissance painter Pietro Vannucci's (also known as "Perugino") masterpiece, presently in the Apostolic Palace Library: Date/Year of Coin issue: 04/2023

43) The Second Vatican Council - Nostra Aetate (In Our Time), Vatican City State: A 100 Euro Gold Coin minted by the Istituto Poligrafico e Zecca dello Stato Italiano (IPZS) at their facilities in Rome on behalf of the Treasury Department of the Vatican City State: Date/Year of Coin issue: 2023

44) The history of the Olympics in Italy - TRiTTICO Cortina 1956, Rome 1960, Turin 2006, Republic of Italy (Repubblica Italiana): Three 20 Euro Gold Coins issued by the Istututo Poligrafico e Zecca dello Stato Italiano (IPZS) celebrate the selection of 2026 Winter Olympics in the City of Cortino Italy: Date/Year of Coin issue: 07.09.2023

45) A Euro Coin Set - 2018, Vatican City State: An eight (8) Coin Set issued by the Commercializzazione Filatelica e Numismatica on Euro Coins: Coins minted by the IPZS Italy on behalf of the "Stato Della Citta Del Vaticano" (The Vatican City State") in 2018

46) Remembrance to Pope Emeritus Benedict XVI, Vatican City: Coins issued by Commercializzazione Filetelica e Numismatica on 10 Euro Silver Coins: Coins minted by the Istituto Poligrafico e Zecca dello Stato Italiano (IPZS) Italy on behalf of the "Stato Della Citta Del Vaticano" ("The Vatican City State"): Date of Coin issue: 26.10.2023

47) The Istituto Poligrafico e Zecca dello Stato Italiano (IPZS) at their facilities in Rome on behalf of the Treasury Department of the Vatican City State has issued the first of two commemorative 10 Euro coins which mark 2025 and the Holy Year Pilgrims of Hope: Date/Year of Coins issue: 12/2023

48) Pesaro, Italy: The Italian City designatied as the 2024 European Capital of Culture (ECOC):Date of Coin issue: 26.01,2024

49) Around the World Voyage of the Amerigo Vespucci, Italy's oldest Naval Vessel: A 5 Euro Silv er Proof & Colour Coin presents the voyage of the v essel: Date of Coin issue: 08.03.2024

50) St. Peter and the Rooster star on latest Vatican 20 Euro coin issued by the CFN (Commercialzzone Filatelica E Numasmatica - Vatican City: "Art and Faith Coin Series: Year of Coin issue: 2024;

51) Coins released in continuing recognition of Italian Lire Legacy Coinage: 20 and 10 Lire Gold Coins issued by thed Istituto Poligrafico e Zella dello Stato (IPZS): Date of Coins issue: 18.09.2024

Posts on the Ryder Cup on this Blog:

i) The 2014 Ryder Cup Commemorative Banknote: Commemorating the Ryder Cup, Europe with a 5 Pound Sterling Banknote issued by the Royal Bank of Scotland

ii) The 44th Ryder Cup held in Italy: 10 Euro Silver Coins with applied colour and concave centre brought out by the Istituto Poligrafico e Zecca dello Stato Italiano (IPZS) marks the conduct of the prestigious Ryder Cup in Italy for the first time: Date of Coin issue: 18.09.2023

Italian Excellence Coin Series:



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