Eritrean tallero

The tallero was the currency of Eritrea between 1890 and 1921. It was subdivided into 5 lire, each of 100 centesimi. The lira was equivalent to the Italian lira.

Coins of One Tallero from 1891

Five lire coins, engraved by Filippo Speranza, feature Umberto I of Italy with the lettering UMBERTO I RE D'ITALIA ยท 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.[1][2]

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 minted in 1918. In 1921, the tallero was abandoned and Italian currency circulated alone until banknotes were issued in lire in 1938.[3][4]

References
  1. "1 Tallero / 5 Lire - Umberto I, Italian Eritrea".
  2. "Eritrea 5 Lire/Tallero KM 4 Prices & Values | NGC".
  3. "tallero". Retrieved 15 April 2016.
  4. "Tallero financial definition of Tallero". Retrieved 15 April 2016.
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