Italy 20 Lire 1879 to 1897
Umberto the first ruled the Kingdom of Italy from 1878 to 1900 and many coins were issued with his likeness. The 20, 50, and 100 lire were issued in gold, as follows:
20 lire: 21 mm diameter, 0.1867 troy ounces gold
50 lire: 28 mm diameter, 0.4667 ounces gold
100 lire: 34 mm diameter, 0.9334 ounces gold
Note that 'troy' is understood when you are talking about 'ounces' of precious metal.
The 50 and 100 lire coins are quite rare. You can see an appraisal of a 50 lire piece at this CoinQuest link. Watch out for counterfeits, as shown on this page.
The 20 lire coins are best evaluated in two steps. First, multiply their gold weight by the current price of gold. For instance, if gold is selling at $1420 US dollars per ounce (refer to kitco.com for the current value), the multiplication is 1200 x 0.1867 = $265. This is the basic gold value, often called the melt value.
20 lire coins in well worn condition, or ones with problems like scratches and stains, or having been used in jewelry, are worth the melt value. But collector demand lifts off zero for nice-looking coins. I'd add about $50 for an average circulated coin, and as much as $100 or more to the melt value for a nice uncirculated specimen to get ballpark retail value. If you want to sell one, figure a dealer will pay about 80 percent of melt plus a few dollars collector premium.
NEVER CLEAN A COIN. CLEANING RUINS VALUE.
Now there is another twist if you have a 20 lire dated 1884 or 1889. These are special dates and the collector premium doubles or triples. Hope you have one!
, Genre: Central Europe North South
Requested by: Joao, Fri, 07-May-2010 22:00:03 GMT
Answered by: Paul, Tue, 27-Aug-2013 14:38:46 GMT
Reviewed by CoinQuest. Appraisal ok., Thu, 20-Aug-2015 14:20:10 GMT
Requester description: 1882 1882 italian 20 lire gold coin umberto I
Tags: italy 20 lire italiana italians italian ditalia italiane italia itali lira lyre gold umberto au goldish golden goldenen shield cross crown arms sheild coats shiled crests chevrons shild escucheon insignia arm coat crested crest chevron creast shields escutcheon crowned tiara crowns tiarra crowning tiera beard hair leaves leaf wreath star starburst tee goty goatee gotee whiskers beared bearded whisker beareded wiskers hairdo hairline greenery leafs boughs liafy bush leave leaved bough leafe leafed leafy leavs foliage wreathed rief reif reef wreathe wreat garland wreth wreah wreaths starrs stars burst