Key Date Signature Rare Coin Auction Part 1 Day 1
By Key Date Coins
Apr 15, 2023
148 Route 73 Suite 3-184 Voorhees, NJ 08043 USA, United States
The auction has ended

LOT 364:

1943A Italy 50 Lira WWII Allied Military Currency P# M20a Grades Choice AU/BU Slider. The AM-lira was the ...

Sold for: $10
Start price:
$ 10
Estimated price :
$25 - $100
Buyer's Premium: 18%
Auction took place on Apr 15, 2023 at Key Date Coins
tags:

1943A Italy 50 Lira WWII Allied Military Currency P# M20a Grades Choice AU/BU Slider. The AM-lira was the currency issued in Italy by Allied Military Government for Occupied Territories (AMGOT) after the Allied invasion of Sicily in 1943. 100 AM-lire were worth 1 US dollar, and there were two issues: 1943 and 1943A. Totally interchangeable with the normal Italian lira for military decision, it contributed to high inflation that hit Italy towards the end of World War II. Due to rampant inflation, Italy ultimately did not reissue the banknotes for 1 and 2 lire, which had since become useless. After 1946, the AM-lira ceased to be the sole currency and were used along with normal notes, until June 3, 1950.