Italy 1876-R 5 lire

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Stack's Bowers 2015 NYINC sale, lot 4027
Italy Stacks Jan15-4027r.jpg

This specimen was lot 4027 in Stack's-Bowers NYINC sale (New York, January 2015), where it sold for $470. The catalog description[1] noted, "ITALY. 5 Lire, 1876-R. NGC MS-64. A lovely frosty white example." 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. 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 The denomination was terminated in 1879 when its legal tender provision was revoked in the Latin Monetary Union.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: 6,390,000.

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

Catalog reference: KM 8.4, Dav-140.

Source:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
  • [1]Ponterio, Richard, The January 2015 NYINC Auction: Ancient Coins, World Coins & Paper Money, Featuring the John W. Adams and Ray Czabor Collections, Irvine, CA: Stack's Bowers LLC, 2014.

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