Eritrea 1891 5 lire
This specimen was lot 23499 in Heritage sale 3030 (New York, January 2014), where it sold for $7,637.50. The catalog description noted, "Umberto I Proof 5 Lire (Tallero) 1891, PR63 NGC. Rare and desirable as a Proof. This example is bright white with light russet toning on the rims and a small part of the portrait. There are a few very light ticks and hairlines from past handling and the devices are needle-sharp. NGC has certified only two of this type in Proof." This two year type is a product of the Rome mint. Italy in the 1890's was late coming to the party of African colonizers and only managed to seize a few scraps of wasteland not wanted by the other powers. Her attempts to conquer Ethiopia were ignominiously defeated and she was forced to content herself with Eritrea, along the coast of the Red Sea.
Recorded mintage: 196,000.
Specification: 28.12 g, .800 fine silver.
Catalog reference: KM4, Dav-27, MIR-110a.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
- 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.
- Bierrenbach, Cristiano, Warren Tucker and David Michaels, Heritage World and Ancient Coins Auction 3030, featuring the RLM Collection, the Isaac Rudman Collection, the Hans Cook Collection and the Collection of Donald E. Bently, Dallas, TX: Heritage Auction Galleries, 2013.