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Coin honors Italian history

Release Date: 
Wednesday, November 10, 2010

Coin honors Italian history

Nov. 10, 2010

A memorable coin honoring the King of Italy was struck just one year after Umberto I took the Italian throne.

The Italian 20 Lire features a profile of Umberto I with a mustache on the front, or obverse. The back, or reverse, of the coin depicts a wreath encircling the coat of arms and the coin's denomination.

Before being crowned King of Italy in 1878, Umberto I was the Duke of Savoy. He ruled as king until 1900, when he was assassinated. His image first appeared on the 20 Lire coin in 1879.

Italian gold coins were minted in Genoa, Milan, Rome and Turin before Umberto I was crowned king. After his ascension, all coins were struck in Rome. In 1882, some coins were minted with red gold.

Each coin weighs 6.4516 grams, contains 0.1867 ounces of gold and is 21 millimeters in diameter. These coins were struck from 1879 to 1897.

You can learn more about these coins and how to add physical gold to your portfolio by calling Goldline at 1-800-963-9798.

This news article is independently provided by Brafton and does not represent the views or opinions of Goldline International, Inc. Although the information in this news alert has been obtained from sources believed to be reliable, Goldline does not guarĀ­antee its accuracy and such information may be incomplete or condensed. The opinions expressed are subject to change without notice.

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†This material has been prepared for private use. Although the information in this commentary has been obtained from sources believed to be reliable, Goldline does not guarantee its accuracy and such information may be incomplete or condensed. The opinions expressed are subject to change without notice.

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