Dating back to the Roman Empire, Italy has been a major power in Europe for millennia. It has been known as the Italian Republic since 1948 following its liberation and the abolition of the monarchy.
The lira, or lire (plural), has been the official currency of Italy from 1861 to 2002, after which it was replaced with the euro. We also buy Italian Gold Coins of any age or denomination at very competitive rates. Please telephone 0121 634 8060 for a quote.
After the fall of the Roman Empire, Italy became a collection of city states. Conflict between cities like Florence, Venice and Rome was frequent. The establishment of the micro-state of Vatican City - the central seat of the Catholic Church - along with the explosion of cultural creations during the renaissance, ensured that Italy would remain a powerful country throughout the history of Europe.
With so many separate city-states it is perhaps unsurprising that there are numerous Italian coins of varying denominations. The ducat, scudo and florin are just a small number of the coins that were produced pre-1861, after which the lira was officially recognised as part of the newly formed Kingdom of Italy.
Several mints have existed over Italy’s long history, with gold coins being produced even as part of the Roman Empire. The Banca D’Italia has been constituted since 1893 and became the sole authorised issuer of Italian currency in 1926.
If you are looking for a particular item or have further questions, please contact our friendly and knowledgeable team on 0121 634 8060 or submit your question on the contact form, where they shall be able to assist you.