Italian Kingdom 20 Lire Gold Coin, Vittorio Emanuele III
Coin (Numismatic/Bullion) · Yellow Gold with reddish copper-alloy undertones
Purity: 21.6K / 900 Fine Gold (90% Gold, 10% Copper)

Type
Coin (Numismatic/Bullion)
Purity
21.6K / 900 Fine Gold (90% Gold, 10% Copper)
Gold Type
Yellow Gold with reddish copper-alloy undertones
Weight
6.45 grams (0.1867 troy oz AGW)
Description
A classic example of Italian numismatic history, this 20 Lire gold coin features the profile of King Victor Emmanuel III. Known as the 'Soldier King,' his portrait is rendered in a realistic, dignified style typical of European monarchy coinage of the era. The coin's deep gold tone is characteristic of the 900 fine standard used by the Latin Monetary Union.
Key Features
Portrait of Victor Emmanuel III facing left, high-relief strike, LMU standard specifications
Color & Finish
Deep warm yellow hue with a light satin luster and significant circulation patina
Hallmarks & Stamps
Inscribed 'VITT·EM·III· RE·D'ITALIA' on the obverse; no modern hallmarks as it is legal tender coinage
Dimensions Estimate
21mm diameter, 1.3mm thickness
Gemstones & Inlays
None; solid metal strike
Clasp & Closure
Reeded edge for security and grip
Chain & Links
Standard solid coin planchet construction with reeded edge
Craftsmanship Details
Die-struck with high pressure. The engraving shows fine detail in the facial features and hair despite circulation wear.
Authentication Indicators
Sharpness of the lettering, characteristic 90% gold color, correct portrait proportions, and rim density.
Origin & Maker
Kingdom of Italy, Minted at Rome (Zecca di Roma)
Era & Period
Early 20th Century Italian Monarchy (circa 1900-1946)
Age Estimate
Produced during the reign of Vittorio Emanuele III (1900-1943)
Cultural Significance
A symbol of the unified Kingdom of Italy and its economic participation in the Latin Monetary Union, which sought to standardize currency across Europe.
Condition Notes
Very Good (VG) to Fine (F). Visible high-point wear on the hair and mustache; numerous bag marks and surface scratches consistent with circulation.
Value Estimate
Primarily valued for its gold melt content plus a small numismatic premium (approx. $450-$550 USD depending on spot price).
Care & Maintenance
Do not polish or clean with abrasives as it destroys numismatic value. Store in a PVC-free plastic flip or archival capsule.
Similar Items
French 20 Francs (Napoleon/Rooster), Swiss 20 Francs (Vreneli), or Belgian 20 Francs.
Interesting Facts
Vittorio Emanuele III was an avid coin collector himself, owning one of the world's most significant collections totaling over 100,000 pieces.