Italy 1871-M BN 5 lire
This specimen was lot 10541 in Ponterio sale 169 (Baltimore, November 2012), where it sold for $230. The catalog description noted, "ITALY. 5 Lire, 1871-M BN. Toned. NGC MS-63. From the Demarete Collection." This type was struck at the Rome mint 1870-78 and at the Milan mint (shown here) 1869-75 during the reign of Victorio Emanuele II of Italy. It is struck to the same standard as the contemporary French five francs. It is quite common. The earlier dates (1870-75) are quite scarce with the Rome mintmark. The denomination was terminated in 1879 when its legal tender provision was revoked in the Latin Monetary Union. Several countries, including Italy, were striking large numbers of silver crowns (worth about three francs in bullion) and redeeming them in France for five francs in gold.
Recorded mintage: 6,697,000.
Specification: 25 g, .900 fine silver.
Catalog reference: KM-8.3; Gig-42; Mont-175, Dav-140.
- Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
- 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.
- Ponterio, Richard, Ponterio sale 169: The November 2012 Baltimore Auction, Irvine, CA: Stack's Bowers, LLC, 2012.