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Tallero Di Maria Teresa
The tallero was the currency of Italian Eritrea, Eritrea between 1890 and 1921. It was worth five Italian lira, lire and was subdivided into ten ''decimi'' (sing. ''decimo''). Description Five lire coins, engraved by Filippo Speranza, feature King Umberto I of Italy with the lettering UMBERTO I RE D'ITALIA · 1896 on the obverse, and an eagle with a shield on the reverse. They weigh 28.1250g with an actual silver weight of 0.7234oz of .800 fineness, and are 40mmin diameter with a thickness of 3.1mm. From 1885, banknotes denominated in lire were issued by the Italian colonial authorities. In 1890, the silver tallero, patterned after the Maria Theresa thaler, was introduced (together with 50 centesimi, 1 and 2 lire coins). The last tallero were mint (facility), minted in 1918. In 1921, the tallero was abandoned and Italian currency circulated alone until banknotes were issued in Italian East African lira, lire in 1938. References

Modern obsolete currencies 1890 establish ...
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Currency
A currency is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance; i.e., legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term ''currency'' appear in the respective synonymous articles: banknote, coin, and money. Th ...
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Italian Eritrea
Italian Eritrea (, "Colony of Eritrea") was a colony of the Kingdom of Italy in the territory of present-day Eritrea. The first Italian establishment in the area was the purchase of Assab by the Società di Navigazione Rubattino, Rubattino Shipping Company in 1869, which came under government control in 1882. Occupation of Massawa in 1885 and the subsequent Italo-Ethiopian War of 1887–1889, expansion of territory would gradually engulf the region and in 1889 the Ethiopian Empire recognized the Italian possession in the Treaty of Wuchale. In 1890 the Colony of Eritrea was officially founded. In 1936 the region was integrated into Italian East Africa as the Eritrea Governorate. This would last until Italy's loss of the region in 1941, during the East African campaign (World War II), East African campaign of World War II. Italian Eritrea then came under #British Military Administration and the end of the colony, British military administration, which in 1951 fell under United Nation ...
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Italian Lira
The lira ( , ; : lire, , ) was the currency of Italy between 1861 and 2002. It was introduced by the Kingdom of Italy (Napoleonic), Napoleonic Kingdom of Italy in 1807 at par with the French franc, and was subsequently adopted by the different states that would eventually form the Kingdom of Italy in 1861. It was subdivided into 100 ''centesimi'' (: ''centesimo''), which means "hundredths" or "cents". The lira was also the currency of the Albanian Kingdom (1939-1943), Albanian Kingdom from 1941 to 1943. The term originates from ''libra'', the largest unit of the Carolingian monetary system used in Western Europe and elsewhere from the 8th to the 20th century. The Carolingian system is the origin of the French ''livre tournois'' (predecessor of the franc), the Italian lira, and the Pound (currency), pound unit of Pound sterling, sterling and related currencies. In 1999, the euro became Italy's unit of account and the lira became a national subunit of the euro at a rate of €1 = ...
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Umberto I Of Italy
Umberto I (; 14 March 1844 – 29 July 1900) was King of Italy from 9 January 1878 until his assassination in 1900. His reign saw Italy's expansion into the Horn of Africa, as well as the creation of the Triple Alliance (1882), Triple Alliance among Italy, German Empire, Germany and Austria-Hungary. The son of Victor Emmanuel II and Adelaide of Austria, Umberto took part in the Unification of Italy, Italian Wars of Independence as a commander of the Royal Sardinian Army. He assumed the Italian throne in 1878 on the death of his father. A strong militarist, Umberto approved the alliance with Germany and Austria-Hungary, which was formalised in 1882. He also encouraged Italy's colonial efforts and oversaw the incorporation of Italian Eritrea, Eritrea and Italian Somaliland, Somalia into the Italian Empire. Domestically, Umberto faced increasing social unrest and serious economic difficulties. Tensions mounted as a result of public opposition to Italy's colonial wars, the spread of ...
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Eagle
Eagle is the common name for the golden eagle, bald eagle, and other birds of prey in the family of the Accipitridae. Eagles belong to several groups of Genus, genera, some of which are closely related. True eagles comprise the genus ''Aquila (bird), Aquila''. Most of the 68 species of eagles are from Eurasia and Africa. Outside this area, just 14 species can be found—two in North America, nine in Central and South America, and three in Australia. Eagles are not a natural group but denote essentially any kind of bird of prey large enough to hunt sizeable (about 50 cm long or more overall) vertebrates. Etymology The word "eagle" is borrowed into English from and , both derived ultimately from ("eagle"). It is cognate with terms such as , and . It is broadly synonymous with the less common English term "erne" or "earn", deriving from , from , in which it acts as the usual word for the bird. The Old English term is turn derived from and is cognate with other synonymous ...
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Banknotes
A banknote or bank notealso called a bill (North American English) or simply a noteis a type of paper money that is made and distributed ("issued") by a bank of issue, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authorities. By extension, the word "banknote" is sometimes used (including by collectors) to refer more generally to paper money, but in a strict sense notes that have not been issued by banks, e.g. government notes, are not banknotes. National banknotes are often, but not always, legal tender, meaning that courts of law are required to recognize them as satisfactory pay ...
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Silver
Silver is a chemical element; it has Symbol (chemistry), symbol Ag () and atomic number 47. A soft, whitish-gray, lustrous transition metal, it exhibits the highest electrical conductivity, thermal conductivity, and reflectivity of any metal. Silver is found in the Earth's crust in the pure, free elemental form ("native metal, native silver"), as an alloy with gold and other metals, and in minerals such as argentite and chlorargyrite. Most silver is produced as a byproduct of copper, gold, lead, and zinc Refining (metallurgy), refining. Silver has long been valued as a precious metal. Silver metal is used in many bullion coins, sometimes bimetallism, alongside gold: while it is more abundant than gold, it is much less abundant as a native metal. Its purity is typically measured on a per-mille basis; a 94%-pure alloy is described as "0.940 fine". As one of the seven metals of antiquity, silver has had an enduring role in most human cultures. Other than in currency and as an in ...
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Maria Theresa Thaler
The Maria Theresa thaler (MTT) is a silver bullion coin and a type of Conventionsthaler that has been used in world trade continuously since it was first minted in 1741. It is named after Maria Theresa who ruled Austria, Hungary, Croatia and Bohemia from 1740 to 1780 and is depicted on the coin. History In 1741, the first MTT was struck according to the standard with of a Cologne mark of fine silver, or 25.98 grams. In 1750 a new thaler was struck with a gross weight of of 1 Vienna mark of silver, fine (with a fine silver content of 23.39 grams, or of a Cologne mark). In 1751 this new standard was effectively adopted across the German-speaking world when it was accepted formally in the Bavarian monetary convention. This new, post-1751 thaler has continued as a trade coin ever since. Since the death of Maria Theresa in 1780, the coin has always been dated 1780. On 19 September 1857, Emperor Francis Joseph of Austria declared the Maria Theresa thaler to be an official t ...
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Mint (facility)
A mint is an industrial facility which manufactures coins that can be used as currency. The history of mints correlates closely with the history of coins. In the beginning, hammered coinage or cast coinage were the chief means of coin minting, with resulting production runs numbering as little as the hundreds or thousands. In modern mints, coin dies are manufactured in large numbers and planchets are made into milled coins by the billions. With the mass production of currency, the production cost is weighed when minting coins. For example, it costs the United States Mint much less than 25 cents to make a quarter (a 25 cent coin), and the difference in production cost and face value (called seigniorage) helps fund the minting body. Conversely, a U.S. penny ($0.01) cost $0.015 to make in 2016. History The first minted coins The first mint was likely established in Lydia in the 7th century BC, for coining gold, silver and electrum. The first coins known to be minte ...
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Italian East African Lira
The Italian East African lira was a special banknote circulating in Italian East Africa (, AOI) between 1938 and 1941. Data When Fascist Italy imposed the Italian lira in occupied Ethiopia in 1936, it decided upon a rate of 3 lire = 1 thaler. Ethiopians were obliged by law to change their coins and banknotes but considering that the thaler was a silver coin with a value 28 times higher than the lira, they began to hide them to retain the metal value. The Italian government declared this practice illegal, but in 1938 issued a new banknotes "lira AOI" at a better rate of 4.5 lire = 1 thaler for citizens who would willingly exchange their silver coins at the Bank of Italy. Very few people accepted this and in 1939 they were offered a second possibility at a rate 5 lire = 1 thaler. In Italian Somaliland, the lira was already circulating. In occupied Ethiopia, the lira replaced the Ethiopian thaler (issued by the National Bank of Ethiopia) whilst in Italian Eritrea it replaced ...
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Modern Obsolete Currencies
Modern may refer to: History *Modern history ** Early Modern period ** Late Modern period *** 18th century *** 19th century *** 20th century ** Contemporary history * Moderns, a faction of Freemasonry that existed in the 18th century Philosophy and sociology * Modernity, a loosely defined concept delineating a number of societal, economic and ideological features that contrast with "pre-modern" times or societies ** Late modernity Art * Modernism ** Modernist poetry * Modern art, a form of art * Modern dance, a dance form developed in the early 20th century * Modern architecture, a broad movement and period in architectural history ** Moderne, multiple architectural styles ** Modernisme a.k.a. Catalan Modernism * Modern music (other) Geography *Modra, a Slovak city, referred to in the German language as "Modern" Typography * Modern (typeface), a raster font packaged with Windows XP * Another name for the typeface classification known as Didone (typography) * Modern ...
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