Eritrea was an Italian colony north of Ethiopia and east of Sudan in Africa with a long coastline on the Red Sea. King Umberto I of Italy reigned from 1889 to 1900 and supervised the minting of this nice 5 lire coin, with one tallero equal to 5 lire. This is an intriguing coin since only a few pre-1900 coins were minted in Eritrea.
Below are some typical catalog values for these coins. Use our Important Terminology page to adjust these values to actual buy and sell values, which are usually lower.
worn: $100
average circulated: $300
well preserved: $800
fully uncirculated: $1400
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