The cost! Smaller coins = less material. The same reason US 1c coins are more expensive to make than their value. If they reduce the 1c coin in size that may change :-)
They made the 50 and 100 lire tiny for a few years in the early 90s. Ultimately made them slightly larger and updated the design. It’s shocking how worthless the lira became eventually. My mother tells me stories of going to a shop and buying a single, individually wrapped sweet for 100 lire. I was in Rome a few weeks ago and we actually drove past a store called ‘1000 lire’! I guess that was their equivalent of the dollar store or Poundland...
Citeer: "Limbru"The cost! Smaller coins = less material. The same reason US 1c coins are more expensive to make than their value. If they reduce the 1c coin in size that may change :-)
Citeer: "GoldenGarfield"They made the 50 and 100 lire tiny for a few years in the early 90s. Ultimately made them slightly larger and updated the design. It’s shocking how worthless the lira became eventually. My mother tells me stories of going to a shop and buying a single, individually wrapped sweet for 100 lire. I was in Rome a few weeks ago and we actually drove past a store called ‘1000 lire’! I guess that was their equivalent of the dollar store or Poundland...
The 50 lire was reduced to 18mm for a while but then it was demonitised, and the 100 lire became the virenium coin about 22mm in size.
I love coins. Especially silver, gold and anything really old.
Member of the Royal Numismatic Society of New Zealand and the Auckland Numismatic Society