Parman lira
Encyclopedia
The lira was the distinct currency of Parma
Duchy of Parma
The Duchy of Parma was created in 1545 from that part of the Duchy of Milan south of the Po River, as a fief for Pope Paul III's illegitimate son, Pier Luigi Farnese, centered on the city of Parma....

 before 1802 and again from 1815 to 1859.

First lira

The Duchy of Parma
Duchy of Parma
The Duchy of Parma was created in 1545 from that part of the Duchy of Milan south of the Po River, as a fief for Pope Paul III's illegitimate son, Pier Luigi Farnese, centered on the city 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
French franc
The franc was a currency of France. Along with the Spanish peseta, it was also a de facto currency used in Andorra . Between 1360 and 1641, it was the name of coins worth 1 livre tournois and it remained in common parlance as a term for this amount of money...

.

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
French franc
The franc was a currency of France. Along with the Spanish peseta, it was also a de facto currency used in Andorra . Between 1360 and 1641, it was the name of coins worth 1 livre tournois and it remained in common parlance as a term for this amount of money...

 and the Sardinian lira
Sardinian lira
The lira was the currency of the Kingdom of Sardinia between August 6, 1816 and March 17, 1861. It was subdivided into 100 centesimi and was equal in value to the French franc , which had replaced the Piedmontese shield by 1801...

, and it circulated alongside the latter. It weighed 5 grams, and had a purity of 9/10 of silver
Silver
Silver is a metallic chemical element with the chemical symbol Ag and atomic number 47. A soft, white, lustrous transition metal, it has the highest electrical conductivity of any element and the highest thermal conductivity of any metal...

. Since 1860, Parma has used the equivalent Italian lira
Italian lira
The lira was the currency of Italy between 1861 and 2002. Between 1999 and 2002, the Italian lira was officially a “national subunit” of the euro...

.

First lira

In the late 18th century, circulation coins included copper 1 sesino, billon 5, 10 and 20 soldi, silver ½, 1, 3 and 6 lire, and 1/14, 1/7, ½, and 1 ducato. Gold coins were issued in denominations of 1 zecchino and ½, 1, 3, 4, 6 and 8 doppia.

Second 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 Austria
Austria
Austria , officially the Republic of Austria , is a landlocked country of roughly 8.4 million people in Central Europe. It is bordered by the Czech Republic and Germany to the north, Slovakia and Hungary to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the...

n State in Milan
Milan
Milan is the second-largest city in Italy and the capital city of the region of Lombardy and of the province of Milan. The city proper has a population of about 1.3 million, while its urban area, roughly coinciding with its administrative province and the bordering Province of Monza and Brianza ,...

. When the House of Bourbon
House of Bourbon
The House of Bourbon is a European royal house, a branch of the Capetian dynasty . Bourbon kings first ruled Navarre and France in the 16th century. By the 18th century, members of the Bourbon dynasty also held thrones in Spain, Naples, Sicily, and Parma...

 rose to the throne in 1847, the Parman mint
Mint (coin)
A mint is an industrial facility which manufactures coins for currency.The history of mints correlates closely with the history of coins. One difference is that the history of the mint is usually closely tied to the political situation of an era...

was re-opened.
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