What is a Gold Lira?
Gold Liras are an attractive investment choice for people looking to diversify their precious metal portfolio. Their weight and size make them suitable for jewelry use as well as commemorations.
Gold coins minted by Italy’s newly united kingdom and monarchy make an excellent addition to investment or retirement portfolios.
It is a form of currency
Italian 20 Lira Gold Coins feature the portrait of their reigning monarch on their obverse, beginning with King Umberto I and later with Vittorio Emanuele III wearing mustaches and the Savoia coat of arms on his reverse side. Collectors prize these beautiful coins due to both their beauty and history; most can be found in near proof-like condition and form an important addition to pre-1900 fractional gold items collections.
Gold is an integral part of Turkey’s overall economy, from extraction and refining through to precious metal trading on exchange bourses and futures markets, import/export trade, as well as bar purchases as stores of value against devaluation or inflation in their local currency lira – unlike paper money which depreciates over time and cannot easily be liquidated back for cash – gold remains stable over time and easily identifiable for liquidation into cash.
It is a store of value
Gold market is a key element of Turkish economic activity. From extracting and refining, exchange bourses, futures trading and precious metal import/export trade; to providing employment; it serves as a vital economic pillar. Many people use gold coins as stores of value which can easily be exchanged for cash when necessary.
Italian 20 lira gold coins represent historical pieces from the beginnings of modern Italy’s unification. Their obverse features an image of King Umberto I wearing his mustache while their reverse displays their country’s coat of arms.
Coins made of gold make an ideal investment, retirement and coin collecting portfolio addition. Their intrinsic value remains constant while the market price fluctuates in line with global gold prices. Furthermore, these coins can serve as an excellent alternative to paper currency; you can purchase them in jewelry stores, exchange houses and money changers.
It is a form of investment
Gold has long been seen as a hedge against inflation. Long queues form at the Grand Bazaar to purchase gold coins whose true market price reflects their intrinsic worth rather than any associated minting costs.
Gold gifts have long been a favorite at weddings and other occasions in Turkey, often being stored away as wedding or other occasion gifts and then later taken out when needed – one factor contributing to its large trade deficit and prompting its government to implement import quotas on raw gold imports.
New Republic Gold – Ata Lira coins come in different sizes – full, quarter and half varieties – from world coin and bullion dealers. However, prices fluctuate with gold markets so it is wise to consult a customer representative when making investment decisions.
It is a form of commemoration
Many newly married couples opt to present gold coins or items made of gold as tokens of affection between each other. Ceyrek (a quarter coin worth approximately 100 euros) or Yarims (twice as much) are popular choices and often come alongside rings, bracelets or necklaces as presents for newly married couples.
Commemorative gold coins are often issued to commemorate an important figure or event from a country’s past. Available through various coin and bullion dealers worldwide, commemorative coins make an excellent addition to investment or retirement accounts.
The Italy 20 Lira gold coin features King Umberto II on one side and an Italian national coat of arms on its reverse. Due to its low mintage and exceptional preservation levels, this piece is one of the most highly-sought pre-1900 fractional gold pieces – an ideal option both as an investment vehicle and collection piece.