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Italy 1 Lira, 2 Lire, and 5 Lire (Fakes are possible)  1901 to 1907
Italy 1 Lira, 2 Lire, and 5 Lire (Fakes are possible) 1901 to 1907

Congrats, Mike. You have a valuable coin. If it is genuine, it carries quite a bit of numismatic (coin collector) value. Vittorio Emanuele III reigned from 1900 to 1946, and these early coins from his reign are quite rare. To be valuable, the coin must have the imperial eagle on the reverse side.

Our picture comes from Emporium Hamburg where this nice-looking specimen is on sale for 250 euros, about $330 US dollars. CoinQuest thanks Emporium Hamburg for use of their coin photo.

The listings below give approximate catalog values for these coins. These values apply in general to all dates, except as noted.

1 LIRA
worn: $10 US dollars approximate catalog value
average circulated: $20
well preserved: $70
fully uncirculated: $300
1 lira coins dated 1905 are rare, worth $300 in average circulated condition

2 LIRE
worn: $100 US dollars approximate catalog value
average circulated: $300
well preserved: $800
fully uncirculated: $2000
2 lire coins dated 1901, 1903, and 1904 are rare, worth about $2000 in average circulated condition
2 lire coins dated 1905, 1906, and 1907 are more common, worth about $150 in average circulated condition

5 LIRE
worn: $15000 US dollars approximate catalog value
average circulated: $25000
well preserved: $50000
fully uncirculated: $70000

These are all approximate catalog values. To estimate actual buy and sell values, apply the concepts presented on our Terminology page.

NEVER CLEAN A COIN. CLEANING RUINS VALUE.

Now, Mike, go find a 5 lire! But watch out for counterfeits. Counterfeits of valuable coins are all over the place these days, and there are plenty of fake replicas of this coin.


Never buy a rare, expensive coin from anyone you do not trust implicitly. Knowledgeable collectors spend years developing relationships with reliable dealers. Unfortunately, there are enough careless collecting novices who buy fakes from shysters. Don't be one of those!

Coin: 11118 , Genre: Central Europe North South
Requested by: Mike, Tue, 24-Apr-2012 22:39:02 GMT
Answered by: Paul, Sat, 15-Sep-2012 13:10:52 GMT
Last review by CoinQuest: Sat, 20-May-2017 21:20:52 GMT
Requester description: 1902 Italian 2 Lire Coin. Name on the front face is Vittorio Emanuele III/The back has a large eagle of some kind with an R under it. The back says Regno D'Italia / L 2
Tags: italy 1 lira lire 2 5 fakes counterfeit italiana italians italian ditalia italiane italia itali lyre replica forger counterfet fake counterfiet reproductions repro reproduction counterfeits replicas forgery name vittorio emanuele emanuel iii eagle regno regnal vitturio vitt vitorio vittori emmanuele emanvel emanvele eaglets egals egal eagles eagel reign regn regne regnum regni regnat reyna crown crowned tiara crowns tiarra crowning tiera beard hair ribbon hawk falcon star starburst tee goty goatee gotee whiskers beared bearded whisker beareded wiskers hairdo hairline starrs stars burst

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Fri, 20-Oct-2017 01:31:52 GMT, unknown: 353737