Italy 1 Lira - Victor Emmanuel II, 1863 – 1867

Obverse Reverse

Information

Country Italy Italy
Currency Lira (1861 – 2001)
Coin type Standard circulation coin
Denomination 1 Lira
Year 1863 – 1867
Ruler Victor Emmanuel II (1849–1861)
Composition Silver (.835)
Shape Round
Alignment Coin alignment ↑↓
Technique Milled
Weight (g) 5
Diameter (mm) 23
Thickness (mm) 1.5
Demonetized Yes

Description

1 Lira from Italy. Issued from 1863 to 1867. Struck in Silver (.835). Measures 23 mm and weighs 5 g.

Obverse
Head of King Vittorio Emanuele II right, with the name of the engraver below the neck
Reverse
Savoia coat of arms decorated with the Collare dell'Annunziata, both within a laurel wreath. Below value of the coin and mintmark. Mintmarks: M and BN within a rectangle for Milan (km# 5a.1) T and BN within a rectangle for Turi (km# 5a.2) (Kingdom of Italy
M 1 Lira BN)
Edge
Inscription incuse between guilloche and rosettes (FERT was the motto of the house of Savoy, adopted by King Vittorio Amedeo II (1666-1732). It is thought to be an acronym, though what it stands for have been lost to time. Theories include:

1. Foedere Et Religione Tenemur (Latin, ‘treaty and religion bind us’)

2. Fortitudo Eius Rempublicam Tenet (Latin, ‘his bravery [or strength] preserves [or defends] the state’)

3. Fides Est Regni Tutela (Latin, ‘faith is the protector of [our] kingdom’)

Another theory suggests that it is in fact the Latin word fert, the third-person singular present active indicative of ferre (Meaning he/she/it suffers/bears), in reference to Jesus bearing the sins of the world.)

Mintage & Variants

Date Mintage g vg f vf xf Comment Frequency
1867 M BN 7.7M € 3,10 € 3,10 € 8,70 € 11,00 € 12,00 KM#5a.1; overdate variety exists 23%
1867 T BN 335.5K KM#5a.2 1.2%
1863 M BN 24.1M € 3,00 € 3,40 € 5,00 € 6,50 € 11,00 KM#5a.1; Mintage shared with 1863 M BN KM# 15 83%
1863 T BN 2.3M € 6,70 € 6,70 € 9,80 € 160,00 KM#5a.2 13%

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