1 Lira (Fascist Eagle)

Italy (Kingdom of Italy) · 1940 (Year XVIII of the Fascist Era)

A silver-colored Italian coin featuring King Vittorio Emanuele III on the obverse and an imperial eagle with a fascist fasces on the reverse.

Country: Italy (Kingdom of Italy)
Year: 1940 (Year XVIII of the Fascist Era)
Denomination: 1 Lira
Grade: About Uncirculated to Mint State (AU/MS) with strong details and minimal wear

This report is AI-generated and can be wrong. Always verify grade, authenticity, and value with a qualified dealer or certified grading service before buying, selling, or insuring.

Identified September 20, 2026More italy (kingdom of italy) coins →

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Overview

A silver-colored Italian coin featuring King Vittorio Emanuele III on the obverse and an imperial eagle with a fascist fasces on the reverse.

Historical significance

Issued during the Fascist regime of Benito Mussolini, these coins prominently feature fascist symbolism such as the fasces and the Roman numeral date corresponding to the Fascist Era (dating from the March on Rome in 1922).

Obverse (front)

Head of King Vittorio Emanuele III facing left, surrounded by the legend 'VITTORIO EMANVELE III RE E IMP.'

Reverse (back)

An imperial eagle with outspread wings standing on a fascist fasces, flanked by the letters of 'ITALIA'. Below are the year 1940, the 'R' mint mark, a small royal coat of arms, the Fascist Era year 'XVIII', and the denomination '1'.

Estimated value

$2-$10 in circulated condition, $15-$40 in uncirculated (Mint State) condition

What drives this coin's value

Overall state of preservation, absence of scratches or environmental damage, and eye appeal

Grade assessment

About Uncirculated to Mint State (AU/MS) with strong details and minimal wear

Mintage & rarity

Common, though higher uncirculated grades are scarcer

Authenticity & counterfeit red flags

Check for correct magnetic properties (Acmonital is magnetic due to its high iron content), accurate weight, and crisp details. Counterfeits are rare due to the low face value and high mintage.

Notable varieties & errors

Minor die and lettering anomalies, though major valuable error varieties are uncommon for this specific year

Similar coins

Other Italian 1 Lira or 2 Lire coins minted during the same era featuring similar monarchical and fascist iconography

Care & preservation

Handle by the edges with clean hands or cotton gloves. Store in a dry, stable environment using PVC-free coin holders or flips to prevent corrosion of the stainless steel alloy.