Italy 1 Lira, and 2 and 5 Lire (Fakes are possible) 1861 to 1878

With lots of wear, John, your old 1 lira coin from Italy is not worth too much. The catalogs say a few US dollars. In well preserved condition the value rises. Here is a run-down of approximate catalog values for 1, 2, adn 5 lira coins, all of which look the same, but with different sizes and weights. Use our Important Terminology link to understand what 'catalog value' means.

1 LIRA, 22 mm diameter, 0.13 troy ounces silver content
worn: $3 US dollars approximate catalog value
average circuated: $10
well preserved: $30
fully uncirculated: $140
coins with dates and mint marks 1862T, 1862N, and 1867T are rare and catalog over $280 in well preserved condition

2 LIRE, 27 mm diameter, 0.29 troy ounces silver content
worn: $8 US dollars approximate catalog value
average circuated: $25
well preserved: $100
fully uncirculated: $280
coins dated 1862 with and N mint mark are rare and catalog over $1000 in well preserved condition

5 LIRE, 37 mm diameter, 0.72 troy ounces silver content
worn: $15 US dollars approximate catalog value
average circuated: $35
well preserved: $120
fully uncirculated: $400
coins with dates and mint marks 1861T, 1866N, 1872R, and 1873R are rare and catalog over $1000 in well preserved condition

The mint mark, M in our picture, appears to the left of the 1 lira designation. Fakes are possible.

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