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What is a Gold Lira?

Posted on June 2, 2024June 2, 2024 by kingofgold

Gold Lira coins are vintage bullion coins with intrinsic, numismatic and historical value that were produced between 1861 and 1923 by the Kingdom of Italy.

The obverse features the reigning monarch at the time of minting; later issued designs feature Victor Emmanuel II or Umberto I of Italy wearing mustaches.

Obverse

The obverse and reverse of a coin are key components of its overall aesthetic. While experienced collectors can easily distinguish these sections, those unfamiliar with coins may find it more challenging.

The Italy 20 Lira Gold Coin offers an ideal way to acquire fractional gold bullion at an economical premium. Minted between 1861 and 1927, its reverse side features the reigning monarch of Italy as its central feature.

On the obverse of this coin is a three-quarter profile depiction of Sacagawea by Glenna Goodacre sculpted with large eyes – something not often seen in traditional numismatic depictions. Furthermore, this side displays its name, denomination, and minting date.

Reverse

On the reverse of these coins, is featured the coat of arms for Italy, including its national seal topped with a crown on a crossed shield, olive and oak branches, as well as their respective values, along with the coin’s face value.

This side of the coin features a wreath design. This was added after the lira was pegged both hard and softly to dollars and francs.

The lira was designed to coincide with gold coins issued by France, Switzerland, and Belgium within the Latin Monetary Union in terms of content and purity – making exchange between European nations easy while guaranteeing acceptance as legal tender.

Weight

The 20 lira gold coin holds inherent value, especially in mint condition. Collectors seek coins with vibrant original luster and clear details. As a historical reminder of Italy’s modern unified kingdom and monarchy during its formative years, collectors seek out those bearing King Umberto I of all Italy – who took his throne as King after serving Victor Emanuel as Duke of Savoy before ascending it – before rising through his ranks as Duke.

These Italian gold coins offer you a special opportunity to add a piece of history to your retirement, investment, or collection portfolios. Each contains about one fifth of an ounce of pure gold, making them compatible with similar coins issued in France, Switzerland and Belgium as part of the Latin Monetary Union.

Purity

Gold coins’ purity can be measured using either their karat or fineness measurements. The former measures 24 parts of pure gold contained within an alloy while fineness examines each part and counts how much gold exists within each component of that part of it.

Coins with higher karat or fineness content contain more pure gold, thus increasing their intrinsic and numismatic values. Furthermore, they withstand acid testing for gold as a reliable and straightforward means to assess quality.

20 Lire gold coins offer an excellent way to add high-purity fractional pieces of world gold to your retirement, investment or coin collection portfolio. As historical pieces that represent Italy’s early unification period and carry significant intrinsic and numismatic value.

Value

The Italy 20 Lira Gold Coin offers intrinsic, numismatic and historical value – perfect for adding some Italian history into your bullion collection! These coins make a wonderful addition to any bullion portfolio!

On each coin’s obverse is featured the reigning monarch of Italy – for earlier editions this was King Umberto I, while later ones feature Vittorio Emanuele III wearing his mustache as King Vittorio Emanuele III.

On the reverse of each coin is depicted the coat of arms for Italy. This simple representation features the national seal topped with a crown on crossed shields and olive and oak branches enclosing it. Each coin had a face value of 20 lire to ensure alignment with Latin Monetary Union gold standards, such as French, Swiss, and Belgian 20 Franc gold coins.

Disclosure: This is an independent review site. Nevertheless the owners of this website may earn commissions by referring visitors to various investment opportunities in order to meet the running costs of this website. The content on this website does not constitute financial advice. You are encouraged to talk to your financial advisor before making any investment decision.

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