100 000 Lire Campione d'Italia

Campione d'Italia is an Italian exclave entirely surrounded by Swiss territory, sitting on the shore of Lake Lugano. It uses the euro despite never formally adopting it through any EU accession process, and for decades operated its own casino — long the primary economic engine of the enclave — under a legal framework distinct from both Italian and Swiss gambling law. This coin's denomination in lire, decades after Italy abandoned that currency, reflects the enclave's persistent habit of operating slightly outside the rules that govern everywhere else.