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|Per coin |
Basis: gold @ $1,256.08 -- Updated: 07/21/2017
Prices & availability subject to change without notice. See Terms & Conditions.
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Italian 20 lire Umberto I gold coins in Brilliant Uncirculated (BU) condition are an excellent choice for bulk gold buyers. They offer all the benefits of gold bullion plus extra benefits like limited supply, collector demand, complete financial privacy, and extra premium potential because of scarcity.
We havent been able to offer any of these pre-1900 European gold coins in quantity in months. We now have a small cache of nice BU coins that are trading at less per ounce than modern quarter-ounce or tenth-ounce bullion pieces.
Exactly the same size and weight as the extremely popular French 20 franc Angels but much scarcer in the market, Umbertos are an excellent value today. These classic European gold coins were minted pre-1900 yet they're trading for relatively small premiums over their gold melt value.
"Umberto the Good"
Dating from the 19th century Kingdom of Italy, Umbertos are superbly minted and feature Umberto I, King of Italy, who also held the title of Duke of Savoy. Umberto ruled from 1878 until his assassination by an anarchist in 1900. A hero among conservatives and wealthy landowners, he was nicknamed "Umberto the Good" after his death and buried in the Pantheon in Rome, the last of the Savoys to be honored so.
Unlike most forms of gold bullion, they are exempt from broker reporting requirements. In our opinion, they're better than bullion for bulk gold buyers.
Better than bullion. All the benefits of gold bullion plus extra benefits like limited supply, collector demand, complete financial privacy, and extra premium potential because of scarcity.
Exceptional scarcity. BU Umbertos are much scarcer than French 20 franc Angels but trade for almost the same price. Their true scarcity can mean higher premiums during periods of peak demand.
Private, liquid, secure. Unlike most forms of gold bullion, they are exempt from broker reporting requirements.
Italy 20 Lire, Umberto I
oz. pure gold
Weight: 6.4516 grams