Italy, 50 Lire 1956


ID Number: DB03-0324
Category: Modern Coins
Description: Italy, 50 Lire 1956
Country or State: Italy
Year: 1956
Period: Republic (2 June 1946 - present)
Head of State/Ruler:  
Currency: Lira
Face Value: 50 Lire
Obverse: Laureate head right
Obverse Designer: Giuseppe Romagnoli and Pietro Giampaoli
Reverse: Vulcan standing at anvil facing left divides date and value
Reverse Legend: 1956, L.50, R
Reverse Designer: Giuseppe Romagnoli and Pietro Giampaoli
Edge: Reeded
Mint Mark: R (Rome)
Composition: Acmonital (Ac)
Diameter: 24.8 mm
Weight: 6.2500 grams
Mintage: 69,400,000
Krause & Mishler Number: KM# 95.1
Other Catalog Number: Gigante: 382
State of Conservation: Extremely Fine (XF)

Proof (Prf) € -
Brilliant Uncirculated (BU) € -
Mint State/Mint Condition (MS) € 115.00
Uncirculated (Unc) € -
Extremely Fine (XF) € 85.00
Very Fine (VF) € 22.00
Fine (F) € 3.00
Very Good (VG) € -
Good (G) € -

The Italian Republic, a 700-mile-long peninsula extending into the heart of the Mediterranean Sea, has an area of 116,304 sq. mi. (301,230 sq. km.) and a population of 60 million. Capital: Rome. The economy centers around agriculture, manufacturing, forestry and fishing. Machinery, textiles, clothing and motor vehicles are exported.
From the fall of Rome until modern times, 'Italy' was little more than a geographical expression. Although nominally included in the Empire of Charlemagne and the Holy Roman Empire, it was in reality divided into a number of independent states and kingdoms presided over by wealthy families, soldiers of fortune or hereditary rulers. The 19th century unification movement fostered by Mazzini, Garibaldi and Cavour attained fruition in 1860-70 with the creation of the Kingdom of Italy and the installation of Victor Emmanuel, king of Sardinia, as king of Italy. Benito Mussolini came to power during the post-World War I period of economic and political unrest, and installed a Fascist dictatorship with a figurehead king as titular Head of State. Mussolini entered Italy into the German-Japanese anti-comitern pact (Tri-Partite Pact) and withdrew from the League of Nations. The war did not go well for Italy and Germany was forced to assist Italy in its failed invasion of Greece. The Allied invasion of Sicily on July 10, 1943 and bombings of Rome brought the Fascist council to a no vote of confidence on July 23, 1943. Mussolini was arrested but soon escaped and set up a government in Salo. Rome fell to the Allied forces in June, 1944 and the country was allowed the status of cobelligerent against Germany. The Germans held northern Italy for another year. Mussolini was eventually captured and executed by partisans. Following the defeat of the Axis powers, the Italian monarchy was dissolved by plebiscite, and the Italian Republic proclaimed.