The Value of 20 Italian Lira Coins calculator computes the value of 20 Lira gold coins.
INSTRUCTIONS:
- (ct) Count of Coins
- (nV) Numismatic Value Factor per Coin (price percent above spot)
Coin Value (CV): The calculator returns the total value of the coins in U.S. dollars, the value of gold (bullion) in the coins and the total weight of gold in the coins. However, these can be automatically converted to compatible units via the pull-down menu.
The Math / Science
Italian Gold Lira coins were issued in Italy when the Lira was the official currency before the adoption of the Euro. These coins were primarily minted in the 19th and early 20th centuries, often for circulation and as bullion coins.
The most popular Italian Gold Lira Coins are the 20 Lira Gold Coin (Kingdom of Italy)
- Composition: 90% gold (21.6 karats), 10% copper
- Weight: 6.45 grams
- Gold Content: 5.806 grams (0.1867 troy ounces)
- Diameter: 21.5 mm
- Thickness: 1.3 mm
- Obverse (Front): Typically features the ruling monarch of the time, such as:
- Victor Emmanuel II (first king of unified Italy, 1861–1878)
- Umberto I (1878–1900)
- Victor Emmanuel III (1900–1946)
- Reverse (Back): Usually displays the Savoy coat of arms with a crowned shield and a wreath.
Why Are Italian Gold Lira Coins Popular?
- Historical Value – They represent Italy’s unification and monarchy era.
- Investment Appeal – Like other European gold coins (such as the French Napoleon 20 Francs or the Swiss 20 Francs Helvetia), they are sought after by investors.
- Gold Bullion Alternative – With nearly the same weight and purity as the British Sovereign, they are used for gold holdings.
Market Value of 20 Italian Lira Gold Coins
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- Gold Value: Computes the value of gold based on the weight, karat purity, a refiner's fee and a fee to the retailer (jeweler).
- Alloy Value: Computes the value of platinum, palladium, silver or gold based on the weight, percent purity, a refiner's fee and a fee to the retailer (jeweler).
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- Density of Gold: Mean density of gold bullion (.9999).