Italy 1877-R 5 lire
This specimen was lot 25041 in Heritage sale 3024 (Chicago, April 2013), where it sold for $1,468.75. The catalog description noted, "Vittorio Emanuele II 5 Lire 1877-R, MS65 NGC, a choice coin with somewhat mottled patina, highly elusive in this certified grade." 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 The denomination was terminated in 1879 when its legal tender provision was revoked in the Latin Monetary Union.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: 4,410,000.
Specification: 25 g, .900 fine silver, .723 troy oz ASW.
Catalog reference: KM 8.4, Dav-140.
- Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
- Bierrenbach, Cristiano, Warren Tucker and David Michaels, Heritage World and Ancient Coins Auction 3024, featuring the Kairos and Elizabeth McPhall Charters Collections, Dallas: Heritage Auction Galleries, 2013.