Rare coins: the crazy value of the 50 Lire is over 25 thousand euros

Monera rare to find them is not difficult, we all have an old family heirloom linked to a memory. It is the value of the pieces of the Italian Lira that makes the eyes widen. Rare coins can reach a great economic estimate, so much so that you literally leave you “speechless”. The 50 Italian Lire they are fully part of the great history of the Italian Republic. They are highly sought after by enthusiasts, as well as being at the center of a careful debate between numismatists and collectors.

The 50 Lire have a lot to tell, they are perhaps thereemblem of one of the economic periodsthe most prosperous for Italians. Talking about these rare coins means going back to before the Euro entered our lives in 2002.

The first 50 Lire was minted in 1950, then it was the turn of the coins with the inscription “test”, a feature much appreciated by collectors. Through the MoneteRare website we will go in search of the value of the 50 Italian Lire.

A mini guide on main characteristics of the 50 lire. We will explain to you, why these rare coins are highly sought after by collectors, so much so that they are priced with mind-boggling prices.

50 lire Vulcano – year 1950

The 50 Lire Vulcano printed in 1950 was reproduced with inside the wording “test”, conceived with Acmonital material. The characteristics of these rare coins can be traced back to the weight of 7.3 grams and the diameter of 25 mm. These are unique specimens to which a code of rarity classified R3.

50 lire Vulcano – year 1953

The 50 Lire Vulcano printed in 1953 also bears the wording “test”, made with Acmonital material. The peculiarities are the weight of 6.18 grams and a diameter of 21.8 mm. Very rare pieces to which it is attributed with a code of rarity classified R4.

The peculiarity of these rare coins is represented in the representation. On the one hand we find the silhouette of a woman with portrayed with a oak leaf wreath beside the form ITALIAN REPVBBLICA il beaded outer circle, in the lower part appears the signature of the creator and the zincographer: Giuseppe Romagnoli and Pietro Giampaoli Inc.

On the other side, il naked and marble body of the God Vulcan engaged in forging a spade. Identified in the blacksmith of the gods Hephaestus intent on scoring the hammer with his right hand ready to strike the anvil. At the same time, he holds the spade steady with his left hand. On the left side of the coin the year of minting is depicted on the side the phrase “PROVA IN ACMONITAL”. On the right, the representation of the value of the Italian 50 Lire coin and at the bottom the symbol of the mint of Rome.

The value of this coin is extremely unique. Suffice it to say that a single copy of 50 Lire printed in 1953 with the characteristics described above in FDC on 14 April 2013 was auctioned for an economic value of 3.450 euro.

The bang happened a few years later. In fact, during the auction dated 18 March 2017 a single piece of 50 Lire Vulcano minted in 1953 with the initials “test” in FDC which was attributed a classification of rarity R4 reached an economic value equal to 11.800 euro.

50 lire Vulcano – year 1954

The 50 Lire Vulcano reproduced in 1954 is one of the rare coins most sought after by collectors and enthusiasts. It is necessary to specify that the presence of the wording “proof” determines the quotation value. Suffice it to say that the 50 Lire Vulcano dated 1954 reproduced with Acmonital material, whose characteristics bear a weight of 6.25 and a diameter of 24.8 mm with the striped edge, reaches an index of rarity classified R3. The same coin with the same characteristics, but without the presence of the wording “test” reaches an index of rarity classified R5.

The value of this piece of Italian Lire without the wording “test” can reach unimaginable evaluations. Suffice it to say that in the auction dated 4 November 2017 only one example in FDC with a rarity index expressed in R3 was sold for an economic value of 6.018 euro.

50 Lire Anvil – 1954 Project

The value of the 50 Lire Anvil produced in 1954 can reach sensational prices on all points of view. We are talking about rare coins reproduced in Acmonital materials with very specific characteristics. Whose weight is 6.25 grams and 24.8mm in diameter, with a striped edge classified with a rarity index in R5.

The description of the 50 Lire Anvil is very particular. On the right side it is depicted the head of a woman with the reproduction of a oak leaf wreath the inscription REPVBBLICA ITALIANA is depicted in the round, in the underside the signature of the author Romagnoli.

On the other side of the coin it appears the anvil and the hammer reproduced on a stone. On the right, the year of minting and the sign of the value were reported, under the initials of the mint of Rome.

We are talking about unobtainable specimens, not even owned by the Mint Museum.

The value of this coin is astounding not a few collectors. Suffice it to say that a single example of 50 Lire Anvil Progetto 1954 with the characteristics described above in FDC on 27 September 2000 was auctioned for an economic value of 48,300,000. Attention, we are talking about Lire because the date of the auction belongs to the era of the circulation of the Lira. The same value translated into euros corresponds to approx 25.000 euro.

50 Lire Vulcano 1950 – 1954

The 50 Live Vulcano was produced in the period from 1950 to 1954 printed until 1989 not reproduced equally.

On the straight side we find the shape of the head of one portrayed woman with a wreath of oak leaves next to it in the round the inscription REPVBBLICA ITALIANA, below appears a rhombus and the reproduction of the signature of the creator and the zincographic: Giuseppe Romagnoli and Pietro Giampaoli Inc.

On the other side of the coin the naked and marble body of the God Vulcan ready to carve a spade with the forge. Identified in the blacksmith of the gods Hephaestus intent on scoring with his right hand the hammer ready to strike the anvil. At the same time, he holds the spade steady with his left hand. The year of minting is depicted on the left side of the coin. On the right, the representation of the value of the Italian 50 Lire coin and at the bottom the symbol of the mint of Rome. The edge is striped. The characteristics of these coins concern the weight of 6.25 grams and 24.8 mm in diameter.

One of the peculiarities of these rare coins is due to the axis. The image of the coin does not align perfectly 180 degrees. For this characteristic, it is often identified as a piece with a French axis. The value of these rare coins leaves many collectors astounded. In any case, they are very influenced by several elements, such as: year of minting, rarity and circulation.

The economic value of the 50 Lire Vulcano

There is not just one quotation attributable to all 50 Lire Vulcano, the economic value changes by virtue of the presence or absence of different elements. Below is the approximate value of the various rare coin prices, including:

  • 50 Lire Vulcano year 1954 with the wording “test” produced in Acmonital material in FDC could be valued up to about 1.500 euro;
  • 50 Lire Vulcano year 1954 with a print of 17.600.00 specimens to which a rarity index classified C is attributed, could be valued approximately 330 euro.
  • 50 Lire Vulcano year 1955 with a print of 70,500,000 pieces, with a rarity code C in BB could be valued about 185 euro.
  • 50 Lire Vulcano 1958 with a print of 825,000 copies, with a rarity index R in FDC it could be valued at around 1,400 euros, while in BB it could be worth around 40 euro.
  • 50 Lire Vulcano 1959 reduced print NC in BB could be worth around 15 euros, while in FDC the value increases to around 780 euro.
  • 50 Lire Vulcano 1960 in BB could be worth about 12 euros, while in FDC the value will increase by about 900 euro.
  • 50 Lire Vulcano 1961 with a print of 11,100.00 copies, with a rarity classified in NC, in BB could be worth around 4 euros. In FDC the value increases by approx 550 euro.

The mini coins of 50 Lire Vulcano

These are small rare coins reproduced like the 50 Lire Vulcano, but in very small size. The circulation of these pieces from 1990 to 1995 was 510,755 copies. Classified with a rarity C.

On the straight side we find the silhouette of a woman’s head portrayed with one oak leaf wreath next to it in the round the inscription REPVBBLICA ITALIANA, below appears a rhombus and the reproduction of the signature of the creator and the zincographic: Giuseppe Romagnoli and Pietro Giampaoli Inc.

On the other side of the coin the naked and marble body of the God Vulcan ready to carve a spade with the forge. Identified in the blacksmith of the gods Hephaestus intent on scoring with his right hand the hammer ready to strike the anvil. At the same time, he holds the spade steady with his left hand. The year of minting is depicted on the left side of the coin. On the right, the representation of the value of the Italian 50 Lire coin and at the bottom the symbol of the mint of Rome. The edge is smooth. Land characteristics of these coins concern the weight of 2.7 grams and 16.55 mm in diameter.

Despite being sought after by collectors, these rare coins are barely worth 3 euro. The 50 Lire 1990 miniature in FdC can be worth about 15 euro.

While, those reproduced in 1991 with a circulation of 60,000,000 copies can be worth about 9 euro.

The 50 lire 1990 with obvious printing errors referring to the lack of the rhombus and the earlobe that ends in a point, in BB they can be worth about 6 euros, in SPL it could be worth 12,50 euro and in Fdc reaches a quotation of approx 25 euro.

50 Italian Lire with the head of the Turrita

The 50 Lire Italia Turrita, minted in the period from 1996 to 1999 with a classification of rarity C, could be worth about 4 euros if in FdC.

Finally, I advise you to read the article: Rare coins: watch out for the Lire. Here, how and to whom to sell them!

Accounting analyst, born in 1971.
Obtained the postgraduate diploma of Accounting Analyst, at theS. Rosa di Nola Professional Institute for Commerce, I have collaborated with various newspapers. I am currently a general information editor on pension, current affairs, taxation and employment issues. I have a pure bias on tax issues and I have chosen to help readers, with my words, to find a simple path in the complex labyrinth of legislation. The truth! I love to write, every news is worth telling, with heart, emotion and passion.

My motto is? “The value of a person lies in what he is capable of giving and not in what he is capable of taking”.

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