Italy 1873-R 5 lire

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Ponterio sale 177, lot 13265
Italy 1873 5 lire rev P177-13265.jpg

This specimen was lot 13265 in Ponterio sale 177 (Chicago, August 2013), where it sold for $9,988. The catalog description[1] noted, "ITALY. 5 Lire, 1873-R. NGC MS-63. RARE and exceptional quality. Mintage of only 17,000 pieces." This type was struck at the Rome mint 1870-78 and at the Milan mint 1869-75 during the reign of Victorio Emanuele II of Italy. It is struck to the same standard as the contemporary French five francs. The type is quite common but this is the key date. 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 The denomination was terminated in 1879 when its legal tender provision was revoked in the Latin Monetary Union.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: 17,000.

Specification: 25 g, .900 fine silver, .723 troy oz ASW.

Catalog reference: KM-8.4; Mont-181; Gig-47, Dav-140.

Source:

  • 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.
  • [1]Ponterio, Richard, Ponterio sale 177: The August 2013 Chicago ANA Auction, World Coins, Irvine, CA: Stack's Bowers, LLC, 2013.

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