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Lombardo-Venetian lira

The lira austriaca (or lira; plural: lire) was the currency of the Kingdom of Lombardy–Venetia.

Lombardo-Venetian lira
lira austriaca (Italian)
Unit
Symbol£
Denominations
Subunit
1100centesimo
Coinsc.1, c.3, c.5, c.10, c.15
£14, £12, £1, ₤3, £6
 Rarely used£20, £40
Demographics
Official user(s) Lombardy–Venetia
Unofficial user(s) Austria (silver coins)
Issuance
MintMilan Mint, Venice Mint, Vienna Mint
Valuation
Pegged by13 of Austrian florin
This infobox shows the latest status before this currency was rendered obsolete.

History edit

The lira was made of 4.33 grams of silver (with 9/10 of purity). Six lire were equal to the scudo which was equivalent to the Austrian Conventionsthaler, hence they had no relation to the former currencies the Venetian lira and the Milanese scudo. The lira was divided into 100 centesimi (cents). Coins were minted in Milan, Venice and Vienna.

Due to the heavy consequences of the war, Austria was not able to immediately produce the new currency when it took possession of the territory in 1814. Hence the Napoleonic Italian lira continued to be a legal tender for eight years after the fall of its inventor. The first issue of the Austrian currency was possible only in 1822. The new lire had a lower value than their French-Italian predecessors, which weighed 5 grams.

During the revolutions of 1848, the Lombard Provisional Government briefly suspended the production of the lira and minted instead a special 5 Italian lire coin. After the revolutions and the restoration of the Austrian monetary standard, copper coins were reduced in weight. For political purposes the name on these coins (the most popular in circulation) was changed from Kingdom of Lombardy–Venetia to the Austrian Empire.

When metropolitan Austria decimalized in 1857, the change did not immediately affected the Kingdom, where old lira austriaca were minted again in 1858. Only in 1862, after the loss of Lombardy to the newborn Italian State, did the remaining part of the Austrian territories adopt the general coinage of the Empire. The Lombardo-Venetian florin (equal to the Austro-Hungarian florin) became the basic unit of currency, and was divided in 100 soldi; only subunits were specifically produced for the Venetian province. Curiously on these coins, the word Lombardy–Venetia re-appeared, as a sign of revanchism for the lost Lombardy.

Coins edit

Copper coins edit

  • 1 centesimo
    • Weight: 1.75 grams
    • Type 1852: 1.09 grams
  • 3 centesimi
    • Weight: 5.25 grams
    • Type 1852: 3.28 grams
  • 5 centesimi
    • Weight: 8.75 grams
    • Type 1852: 5.47 grams
  • 10 centesimi
    • Sole issue: 1852
    • Type 1852: 10.94 grams
  • 15 centesimi
    • Sole issue: 1852
    • Type 1852: 16.04 grams

Silver coins edit

  • 14 lira
    • Value: 25 cents
    • Purity: 6/10
    • Weight: 1.62 grams
  • 12 lira
    • Purity: 9/10
    • Weight: 2.17 grams
  • 1 lira austriaca
    • Purity: 9/10
    • Weight: 4.33 grams
  • 1 fiorino
    • Value: £3
    • Purity: 9/10
    • Weight: 12.99 grams
  • 1 scudo
    • Value: £6
    • Purity: 9/10
    • Weight: 25.99 grams

Gold coins edit

  • 12 sovrano
    • Value: £20
    • Purity: 9/10
    • Weight: 5.67 grams
  • 1 sovrano
    • Value: £40
    • Purity: 9/10
    • Weight: 11.33 grams

See also edit

References edit

  • Krause, Chester L.; Clifford Mishler (1991). Standard Catalog of World Coins: 1801–1991 (18th ed.). Krause Publications. ISBN 0873411501.

lombardo, venetian, lira, lira, austriaca, lira, plural, lire, currency, kingdom, lombardy, venetia, lira, austriaca, italian, unitsymbol, denominationssubunit, 100centesimocoinsc, rarely, used, 40demographicsofficial, user, lombardy, venetiaunofficial, user, . The lira austriaca or lira plural lire was the currency of the Kingdom of Lombardy Venetia Lombardo Venetian liralira austriaca Italian UnitSymbol DenominationsSubunit 1 100centesimoCoinsc 1 c 3 c 5 c 10 c 15 1 4 1 2 1 3 6 Rarely used 20 40DemographicsOfficial user s Lombardy VenetiaUnofficial user s Austria silver coins IssuanceMintMilan Mint Venice Mint Vienna MintValuationPegged by1 3 of Austrian florinThis infobox shows the latest status before this currency was rendered obsolete Contents 1 History 2 Coins 2 1 Copper coins 2 2 Silver coins 2 3 Gold coins 3 See also 4 ReferencesHistory editSee also History of coins in Italy The lira was made of 4 33 grams of silver with 9 10 of purity Six lire were equal to the scudo which was equivalent to the Austrian Conventionsthaler hence they had no relation to the former currencies the Venetian lira and the Milanese scudo The lira was divided into 100 centesimi cents Coins were minted in Milan Venice and Vienna Due to the heavy consequences of the war Austria was not able to immediately produce the new currency when it took possession of the territory in 1814 Hence the Napoleonic Italian lira continued to be a legal tender for eight years after the fall of its inventor The first issue of the Austrian currency was possible only in 1822 The new lire had a lower value than their French Italian predecessors which weighed 5 grams During the revolutions of 1848 the Lombard Provisional Government briefly suspended the production of the lira and minted instead a special 5 Italian lire coin After the revolutions and the restoration of the Austrian monetary standard copper coins were reduced in weight For political purposes the name on these coins the most popular in circulation was changed from Kingdom of Lombardy Venetia to the Austrian Empire When metropolitan Austria decimalized in 1857 the change did not immediately affected the Kingdom where old lira austriaca were minted again in 1858 Only in 1862 after the loss of Lombardy to the newborn Italian State did the remaining part of the Austrian territories adopt the general coinage of the Empire The Lombardo Venetian florin equal to the Austro Hungarian florin became the basic unit of currency and was divided in 100 soldi only subunits were specifically produced for the Venetian province Curiously on these coins the word Lombardy Venetia re appeared as a sign of revanchism for the lost Lombardy Coins editCopper coins edit 1 centesimo Weight 1 75 grams Type 1852 1 09 grams 3 centesimi Weight 5 25 grams Type 1852 3 28 grams 5 centesimi Weight 8 75 grams Type 1852 5 47 grams 10 centesimi Sole issue 1852 Type 1852 10 94 grams 15 centesimi Sole issue 1852 Type 1852 16 04 grams Silver coins edit 1 4 lira Value 25 cents Purity 6 10 Weight 1 62 grams 1 2 lira Purity 9 10 Weight 2 17 grams 1 lira austriaca Purity 9 10 Weight 4 33 grams 1 fiorino Value 3 Purity 9 10 Weight 12 99 grams 1 scudo Value 6 Purity 9 10 Weight 25 99 grams Gold coins edit 1 2 sovrano Value 20 Purity 9 10 Weight 5 67 grams 1 sovrano Value 40 Purity 9 10 Weight 11 33 gramsSee also editHistory of coins in ItalyReferences editKrause Chester L Clifford Mishler 1991 Standard Catalog of World Coins 1801 1991 18th ed Krause Publications ISBN 0873411501 Portals nbsp Money nbsp Numismatics Retrieved from https en wikipedia org w index php title Lombardo Venetian lira amp oldid 1183047681, wikipedia, wiki, book, books, library,

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