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200 Lire Bank of Italy

Issuer Banca d'Italia
Year 1993
Type Non-circulating coin
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Obverse script Latin
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Reverse description The reverse features a Roman bas-relief scene commemorating the centenary of the Bank of Italy, depicting a mint worker striking an anvil at center, flanked on the right by a standing Magistrate overseeing the coinage and on the left by the upper portion of a Corinthian capital. The commemorative dates 1893-1993 appear at either side of the composition, referencing the anniversary. In the exergue, the denomination L 200 is inscribed alongside the Rome Mint mark R.
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Additional information

Italy's 200 lire denomination had been an aluminum-bronze circulation coin since 1977, making silver strikes at this weight an entirely different animal — produced for collectors rather than commerce. By 1993 the lira itself was in crisis: the previous September, speculative pressure from George Soros and others had forced Italy out of the European Exchange Rate Mechanism, devaluing the currency sharply. A silver commemorative issued by the Banca d'Italia that year carries that monetary turbulence as quiet background noise. KM#172 is part of a long-running annual series honoring Italian institutions.

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