Italy 1863-M BN lira KM-5a.1

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Heritage sale 3064, lot 33362
Italy H3064-33362r.jpg

This specimen was lot 33362 in Heritage sale 3064 (Chicago, April 2018), where it sold for $360. The catalog description[1] noted, "Vittorio Emanuele II Lira 1863 M-BN MS64 PCGS, Milan mint. Sea-green and fiery amber tones on the obverse, with an equally entrancing steel-gray toned reverse that possesses a crescent of iridescent color to the right of the shield. There is a noticeable obverse strikethrough from a foreign insertion into the striking process, such as wire or lint, which in conjunction with the array of color creates a one-of-a-kind appearance." This denomination is one of the scarcest silver coins issued in the 1860's, being minted 1863 only along with the shield reverse (KM 15). This design, with the value reverse, was issued for part of 1863 only from Milan and Turin. The denomination was minted in 1867 then not issued again until 1883, during the reign of Umberto I, when it was produced in large numbers at Rome.

Recorded mintage: 29,837,000 (KM 15) plus 24,054,000 with the shield reverse (shown here).

Specification: 5 g, .835 fine silver, 23.1 mm diameter.

Catalog reference: KM 5a.1.

Source:

  • Gigante, Fabio, Gigante 2016: Catalogo Nazionale delle Monete Italiano Dal '700 All'Euro, 24a ed. Varese, Italy, 2015.
  • Montenegro, Eupremio, Montenegro 2015: Manuale del Collezionista di Monete Italiane, 30 ed., Torino, Italy: Montenegro s.a.s., 2014.
  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
  • [1]Bierrenbach, Cristiano, Warren Tucker and David Michaels, Heritage Signature Auction 3038, featuring the Empire, the Santa Catarina, the Law and the Santa Maria Collections, Dallas, TX: Heritage Auction Galleries, 2014.

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