LIRA Jewelry | History of the Lira

HOMEHISTORY

HISTORY OF THE LIRA

U sually people don't know that our dear and old lira, which was the Italian currency from 1862 until the introduction of the Euro in 2002, has much more ancient and troubled origins.

It was born 1350 years ago when Charlemagne, the King of the Franks and the founder of the Holy Roman Empire, imposed in 780 a.d. a monetary reform by establishing the Lira as the reporting currency in order to lighten the tax burden from the currency used at the time, the silver denarius.

Nearly a thousand years later, the Lira began to make its way among the thousands of coins used in the West, arousing a lot of interest throughout the Italian peninsula.

Starting from the Lira Tron made by Niccolò Tron in 1472, several variants began to be spread throughout Italy. For example, we might think of the coin commissioned by the Duke Galeazzo Maria Sforza in 1474 later called Testone, or the one commissioned by Emanuele Filiberto in 1562, later perfected by Napoleon in 1808 when the French decimal system was adopted in Italy. The Lira was so divided in tenths and cents, becoming an optimal currency for daily commercial transactions.

However, only in 1862 with the proclamation of the Kingdom of Italy, all the other currencies existing throughout the Italian territory were abolished: the Lira finally became legal tender, giving us 140 years of fond memories.

The rest is history.

Lira Jewelry - Collection