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5 Lire - Victor Emmanuel III

Issuer Kingdom of Italy
Year 1901
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Diameter 37 mm
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Obverse script Latin
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Reverse description A displayed heraldic eagle with wings spread, bearing the crowned Savoy shield on its breast. The Italian royal crown is positioned above the eagle's head, while the mint mark R appears below the tail flanked by six-pointed stars. The denomination L.5 is inscribed to the left of the mint mark and the date 1901 to the right, all within the lower field. The circular legend REGNO D'ITALIA arcs along the upper periphery. A beaded border surrounds the entire design.
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Additional information

Italy's 5 Lire had been absent from circulation for nearly two decades before this 1901 issue revived it. The denomination was suspended in 1879 as the Latin Monetary Union struggled with silver depreciation, and its return under Victor Emmanuel III — who had ascended the throne just months earlier following his father's assassination at Monza — marked both a monetary and political reset. The new king was 31 years old and the coin was the first major silver issue struck in his name.

The Rome mint produced this type for only a handful of years before the economics of silver made large-denomination coinage impractical again.

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