Italy 1947-R 2 lire
This specimen was part of lot 1492 in Ponterio sale 173 (New York, January 2013), where it sold for $7,050. The catalog description noted, "ITALY. Lira to 10 Lire Denomination Set, 1947-R. KM-87/90; Mont-4, 5; Gig-230, 278, 325, 362. 4 pieces in set. Each with a mintage of only 12,000 pieces with the exception of the 5 Lire which has a mintage of 17,000 pieces. All are NGC MS-64." The republic of Italy was organized out of the ruins of World War Two and the disaster of Mussolini's fascism. This type was issued 1946-1950 and the first two years are rare.
Recorded mintage: 12,000.
Specification: 1.75 g, aluminum, 24.1 mm diameter.
Catalog reference: KM-88.
- Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1901-2000, 42nd ed., Iola, WI: Krause Publications, 2014.
- Ponterio, Richard, Ponterio Sale 173: The January NYINC 2013 Auction, Irvine, CA: Stack's Bowers LLC, 2012.