The lira (plural lire; abbreviation: SML) was the currency of San Marino from the 1860s until it was replaced by the euro on 1 January 2002. It was equivalent and pegged to the Italian lira.[1]Italian coins and banknotes and Vatican City coins were legal tender in San Marino, while Sammarinese coins, minted in Rome, were legal tender throughout Italy, as well as in the Vatican City.
San Marino's first coins were copper c.5, issued in 1864. These were followed by copper c.10, first issued in 1875. Although these copper coins were last issued in 1894, silver c.50, 1 Lira, 2 Lire and 5 Lire were issued in 1898, with the 1 Lira and 2 Lire also minted in 1906.
The Sammarinese coinage recommenced in 1931, with silver 5 Lire, 10 Lire and 20 Lire, to which bronze c.5 and c.10 were added in 1935. These coins were issued until 1938.
In 1972, San Marino began issuing coins again, in denominations of 1 Lira, 2 Lire, 5 Lire, 10 Lire, 20 Lire, 50 Lire, 100 Lire and 500 Lire, all of which were struck to the same specifications as the corresponding Italian coins. 200 Lire coins were added in 1978, followed by bimetallic 500 Lire and 1,000 Lire in 1982 and 1997, respectively. 50 Lire and 100 Lire were reduced in size in 1992. All of these modern issues changed design every year.
Lire coins for San Marino discontinued after the introduction of the euro. However, San Marino has licence to—and periodically does—issue its own euro coins.
sammarinese, lira, lira, plural, lire, abbreviation, currency, marino, from, 1860s, until, replaced, euro, january, 2002, equivalent, pegged, italian, lira, italian, coins, banknotes, vatican, city, coins, were, legal, tender, marino, while, sammarinese, coins. The lira plural lire abbreviation SML was the currency of San Marino from the 1860s until it was replaced by the euro on 1 January 2002 It was equivalent and pegged to the Italian lira 1 Italian coins and banknotes and Vatican City coins were legal tender in San Marino while Sammarinese coins minted in Rome were legal tender throughout Italy as well as in the Vatican City Sammarinese liralira sanmarinese Italian 500 LireISO 4217CodeITL abbreviation SML is used UnitUnitliraPlurallireSymbolL None official see Italian lira DenominationsSubunit 1 100centesimoSubunits were abolished after WWIIPlural centesimocentesimi c BanknotesItalian lira banknotesCoins Freq used50 100 200 500 1 000 Lire Rarely used1 Lira 2 5 10 20 LireDemographicsUser s None previously Italy San Marino Vatican CityIssuanceCentral bankBanca d Italia Websitewww wbr bancaditalia wbr itValuationEU Exchange Rate Mechanism ERM Since25 November 1991 a Withdrawn16 September 1992 Black Wednesday Fixed rate since17 August 19921 1 936 27 LireThis infobox shows the latest status before this currency was rendered obsolete Indirectly 1 1 peg to ITL Contents 1 Coins 2 See also 3 References 4 External linksCoins EditSan Marino s first coins were copper c 5 issued in 1864 These were followed by copper c 10 first issued in 1875 Although these copper coins were last issued in 1894 silver c 50 1 Lira 2 Lire and 5 Lire were issued in 1898 with the 1 Lira and 2 Lire also minted in 1906 The Sammarinese coinage recommenced in 1931 with silver 5 Lire 10 Lire and 20 Lire to which bronze c 5 and c 10 were added in 1935 These coins were issued until 1938 In 1972 San Marino began issuing coins again in denominations of 1 Lira 2 Lire 5 Lire 10 Lire 20 Lire 50 Lire 100 Lire and 500 Lire all of which were struck to the same specifications as the corresponding Italian coins 200 Lire coins were added in 1978 followed by bimetallic 500 Lire and 1 000 Lire in 1982 and 1997 respectively 50 Lire and 100 Lire were reduced in size in 1992 All of these modern issues changed design every year Lire coins for San Marino discontinued after the introduction of the euro However San Marino has licence to and periodically does issue its own euro coins See also EditSammarinese euro coins Central Bank of San MarinoReferences Edit San Marino Business Law Handbook Strategic Information and Laws Intl Business Pubns USA 2012 p 42 ISBN 9781438770925 Krause Chester L Clifford Mishler 1991 Standard Catalog of World Coins 1801 1991 18th ed Krause Publications ISBN 0873411501 External links EditAll coins from 1972 to 2000 Portals Europe Money Numismatics This San Marino related article is a stub You can help Wikipedia by expanding it vte This article about a unit of currency is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Sammarinese lira amp oldid 1120614947, wikipedia, wiki, book, books, library,
