5 Lire - Pius XI Jubilee

The 1933–34 Holy Year was declared an "extraordinary" Jubilee by Pius XI — only the second such designation since the practice began in 1300 — convened to mark the nineteen-hundredth anniversary of the Crucifixion. The Vatican's coinage for this issue was produced under the Lateran Treaty framework that had only normalized the Holy See's temporal status four years earlier, making it among the first Jubilee coinages struck by a fully recognized sovereign entity rather than a quasi-state.