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| Italian States Coins Parma 5 Lire Silver Coin, Marie Louise of Austria |
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| Coins of Italy - 5 Parman Lire Silver Coin |
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Obverse: Diademed bust of Marie Louise of Austria as Duchess of Parma, Piacenza and Guastalla left.
Legend: MARIA LUIGIA PRINC. IMP. ARCID. D' AUSTRIA (privy mark) 1815 M (privy mark)
Reverse: Crowned coat of arms of the duchy within collar of the Order of Saint George.
Legend: PER LA GR . DI DIO DUCH . DI PARMA PIAC . E GUAST .
Edge: DIRIGE ME DOMINE
Mintage: 93,000 pcs.
Mint Place: Milan
Reference: Davenport 204, CNI IX74 / Table XXXVI/5, Pagani 5, Varesi 5, KM-C#30. RR!
Weight: 24.94 gram Silver (.900)
Diameter: 38 mm
The Parman lira was the distinct currency of Parma before 1802 and again from 1815 to 1859.
First lira
The Duchy of Parma issued its own currency until it was annexed to France in 1802. This lira was subdivided into 20 soldi (singular: soldo), each of 12 denari (singular: denaro), with the sesino worth 6 denari and the ducato was worth 7 lire. The currency was replaced by the French franc.
Second lira
After the re-establishment of Parman independence, a national currency was introduced in 1815. Also called the lira, it was subdivided into 20 soldi or 100 centesimi. However, this lira was equal to the French franc and the Sardinian lira, and it circulated alongside the latter. It weighed 5 grams, and had a purity of 9/10 of silver. Since 1860, Parma has used the equivalent Italian lira.
In 1815, silver coins were introduced in denominations of 5 and 10 soldi, 1, 2 and 5 lire, together with gold 20 and 40 lire. Copper 1, 3 and 5 centesimi were added in 1830. All coins until the death of Marie Louise were minted by the Austrian State in Milan. When the House of Bourbon rose to the throne in 1847, the Parman mint was re-opened.