20 Lire (Francs) Gold Coin - Italy

20 Lire Gold Coin | Italy | 20 Francs LMU

Up until the introduction of the euro currency in 2002, the Italian lira was the currency of Italy.

Introduced in advance of Italy joining the Latin Monetary Union, the lira was a direct continuation of previously issued lira denominations of Italian kingdoms. The 20 Lire Gold Coin from Italy can be a great way to stack low premium fractional gold coins.

20 Lire Gold Coin Highlights:

• Struck between 1861 and 1923.
• Contains .1867 Troy oz of approximate gold weight.
• Issued a face value of 20 Lire by the Kingdom of Italy.
• The obverse of the coin will display the reigning monarch of Italy at the time of the coin's minting.
• The reverse displays the coat of arms for the Kingdom of Italy, surrounded by a wreath;also inscribed with the face value and date
• Minted at various mints throughout Italy from 1861 to 1923.

The 20 lira gold coin was designed after the 20 Francs gold coins issued by France, Switzerland, and Belgium in gold content and purity in the Latin Monetary Union.

These 20 Lire Gold Coins from Italy are the same weight and dimensionsas the more popular French and Swiss 20 Franc coins.

Italy minted fewer 20 Lire gold coins than some other countries. The scarcity of these coins may help to increase the premium over time.

Lira gold coins were minting in various locations throughout Italy, including Florence, Milan, Naples, and Turin.

Additional denomination started to appear after 1861 with the formation of a unified Kingdom of Italy.

Emmanuel II was the first King of Italy to be emblazened on the obverse of 20 Lire Gold Coins. His reign began in 1861 and lasted until his death in 1878.

Emmanuel II was the first king of a unified Italy since the 6th century AD.

From 1878 and 1900 the 20 Lire Gold Coins that were minted feature the bust of Umberto I. His reign began 1878 and lasted until he was assassinated by an anarchist in July 1900. During his reign, Umberto I oversaw Italys colonial expansion in the Horn of Africa and its Triple Alliance with the German Empire and Austria-Hungary.

The final King of Italy featured on 20 Lire Gold Coins is that of Victor Emmanuel III. He was the longest-reigning King of Italy. His kingdom began with the assasination of his father in July 1900 and lasted through two world wars, and the rise and fall of Italian Fascism.

On the reverse of all 20 Lire Gold Coins is the coat of arms for the Kingdom of Italy.

The simple depiction of the coat of arms includes the national seal of the kingdom with a crown atop the crossed shield. The shield is surrounded by olive and oak branches with the face value inscribed on the obverse.

Gold coins were produced by Latin Monetary Union throughout Europe from the mid-19th Century into the early 20th-century. 

Each 20 Lira Gold coin was produced to the same standards in the Latin Monetary Union as the 20 Francs, with an alloy containing .1867 troy ounces of gold. 

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