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Parman lira

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Parman lira
lira nuova(Italian)
10 soldi coin byMarie Louise
Unit
Nicknamefranc
Denominations
Subunit
120soldo
1100centesimo
Coinsc.1, c.3, c.5
s.5, s.10, L.1, L.2, L.5
 Rarely usedL.20, L.40
Demographics
Official user(s)Parma
Unofficial user(s)Monaco,France,Piedmont,Andorra
Issuance
MintMilan Mint,Parma Mint
Valuation
Pegged withFrench franc
This infobox shows the latest status before this currency was rendered obsolete.

Thelira(plural:lire) was the distinct currency ofParmabefore 1802 and again from 1815 to 1859.

History[edit]

First lira[edit]

TheDuchy of Parmaissued its own currency until it was annexed to France in 1802. This lira was subdivided into 20soldi(singular:soldo), each of 12denari(singular:denaro), with thesesinoworth 6 denari and theducatowas worth 7 lire. The currency was replaced by theFrench franc.

Second lira[edit]

After the re-establishment of Parman independence, a national currency was introduced in 1815. Also called the lira, it was subdivided into 20soldior 100centesimi.However, this lira was equal to theFrench francand theSardinian lira,and it circulated alongside the latter. It weighed 5 grams, and had a purity of 9/10 ofsilver.[citation needed]Since 1860, Parma has used the equivalentItalian lira.

Coins[edit]

First lira[edit]

In the late 18th century, circulation coins included copper 1 sesino,billon5, 10 and 20 soldi, silver12,1, 3 and 6 lire, and 1/14, 1/7,12,and 1 ducato. Gold coins were issued in denominations of 1zecchinoand12,1, 3, 4, 6 and 8doppia.

Second lira[edit]

In 1815, silver coins were introduced in denominations of s.5 and s.10, L.1, L.2 and L.5, together with gold L.20 and L.40. Copper c.1, c.3 and c.5 were added in 1830. All coins until the death of Marie Louise were minted by theAustrianState inMilan.When theHouse of Bourbonrose to the throne in 1847, the Parmanmintwas re-opened but the intended issue of copper c.1, c.2 and c.5 was abandoned after the duke Charles III, whose effigy was presented on the coins, was assassinated in 1854. The only issued coin, L.5 of 1858, was struck in 1,000 copies.

See also[edit]

References[edit]

  • Krause, Chester L.; Clifford Mishler (1978).Standard Catalog of World Coins:1979 Edition.Colin R. Bruce II (senior editor) (5th ed.). Krause Publications.ISBN0873410203.

External links[edit]