What is a Gold Lira?

Gold Lira coins are vintage coins with intrinsic, numismatic, and historical value. Legal tender in Italy until it adopted euro currency officially.

These coins are an enduring reminder of Italy’s cultural legacy and an impressive numismatic treasure, not to mention a worthwhile addition to any precious metals portfolio given their low premiums.

Obverse

The gold lira features the portrait of its reigning monarch at the time of mintage; depending on which year this occurs, this may feature either King Umberto I wearing his mustache, or later issued coins featuring Victor Emmanuel III’s head instead.

The head side of this coin depicts Sacagawea in three-quarter profile with her infant son Jean Baptiste and deviates from traditional coin design by giving her large eyes that are associated with her in Shoshone legends. Artist Glenna Goodacre’s unique interpretation captures this momentous occasion beautifully.

This coin was produced to commemorate Turkey’s commitment to global agricultural development through Food and Agriculture Organization. A great addition to any coin collection or as a unique present for anyone passionate about food or agriculture!

Reverse

Lira gold coins come in four different sizes: full coin, half coin, quarter coin and 2.5 lira coins. Since 1909 AD/ 1327 AH the Turkish Lira has replaced Ottoman Piastre and Kurus as currency used by Turkey – equivalent to Lebanese para or British Pound (literally translated “Libra”).

20 Lire Italian gold coins feature an easily identifiable depiction of the coat of arms of Italy on their reverse, along with their face value and denomination. Their obverse features an image of its reigning monarch corresponding to their date mark; additionally it displays the national seal topped by a crown above an crossed shield shield; olive and oak branches encircle this cross of arms on their reverse, each coin contains.1867 troy ounces of gold.

Weight

Gold coins are measured in troy ounces; one troy ounce equals 24 grams of pure gold. There are five sizes of Turkish coins: full (6.615 gram), quarter, half and full ziynet coins for decorative use.

The Italian 20 lire features the current ruler as its focal point on its reverse. Victor Emanuel was featured first, who created a united Kingdom of Italy in 1861; next came King Umberto I who led until his assassination in 1900.

Italian 20 lira gold coins are highly sought-after among coin collectors worldwide and feature a very low premium over spot gold price. While their history makes these pieces interesting, they do not meet the minimum fineness standard set forth by IRS for inclusion into an IRA account. Nonetheless, they remain highly sought-after among coin enthusiasts due to their charm.

Purity

Purity refers to being free from dirt, contamination or impurities. Purity is considered essential in order to enter God’s holy presence; thus it promotes caution and discernment as we strive toward godliness in thought, word and deed. Purity allows us to honor God by not engaging in sinful behavior that harms ourselves and others.

Italian 20 Lire Gold Coins were first issued in 1861 as an attempt to replicate France, Switzerland and Belgium coins within the Latin Monetary Union in terms of size and gold content. Today these vintage bullion coins still carry intrinsic and numismatic value beyond their gold content and provide an easy way to diversify your portfolio – each coin contains 0.1867 Troy oz of precious metal while its reverse features the reigning monarch at time of minting.

Value

Turkey, as an intersection point between Europe, Asia and Africa for millennia, has long been prized by coin collectors across the world for its gold coins minted from various sizes ranging from para to lira coins.

The Italian 20 Lira Gold Coin stands out among world coins because it embodies its historical importance, being issued for the first time as part of modern Italy as an integrated kingdom and nation. These coins were produced to the same high standards as Swiss, French and Belgian 20 francs issued under Latin Monetary Union.

Conditions play an essential part in determining a gold lira’s overall value; collectors seek out examples that are undamaged and without wear and damage. This 1978 gold coin was issued to mark Food and Agriculture Organization, an agency of the UN dedicated to ending hunger worldwide through agricultural development initiatives.