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)

Italian Kingdom 20 Lire Gold Coin, Vittorio Emanuele III

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.

Identified on 5/29/2026