Italian Mint

What are Italian Gold Coins?

The 20 Lire Gold Coin was minted from 1862 to 1927 and was the primary denomination of Italian currency.

Its purity varies from 90% to 99.99% depending on the year it was produced, making it one of the most pure gold coins of its era. In the later years of The Kingdom of Italy, smaller denominations were made from copper, nickel, and silver. As gold became increasingly scarce during the two world wars, some 20 Lire coins were also released in silver.

A brief history of Italian Gold Coins

The Marengo, or 20 Lire Gold Coin, was introduced during the reign of King Vitorio Emanuele II, who reigned between 1861 to 1878. The coin continued to be used under the rule of King Umberto I from 1878 until 1900 and Vitorio Emanuele III, who reigned from 1900 until the end of the Italian monarchy after World War II in 1946. Each version of the coin features the corresponding monarch on its obverse.

What are the different designs of Italian Gold Coins?

Italian Gold Coins feature various designs that reflect Italy's rich history and culture.

One of the popular coins includes the Italian 20 Lire gold coin showcasing the image of King Umberto I. The Italian 10 Lire gold coin has an image of the Vittorio Emanuele II Monument in Rome. The Italian 20 Franc gold coin showcases the iconic Vitruvian Man by Leonardo da Vinci.

Italian Gold Coins may also display national symbols like the Italian coat of arms or famous landmarks such as the Colosseum or the Leaning Tower of Pisa. Each design tells a story and adds to Italian gold coins' collectability and cultural significance.

The Benefits of Investing in Italian Gold Coins

Collectors and investors buy Italian gold coins for several reasons:

• Italian gold coins are appreciated for their historical significance and featuring notable figures. They offer a glimpse into Italy’s history and culture.
• Certain Italian gold coins, like the older editions, are limited mintages making them relatively rare, so they’re highly treasured by collectors.
• Italian gold coins have international recognition and appeal, offering flexibility when buying and selling them.
• With a fineness of 90%, the 20 Lire gold coin can be a great way to diversify your investment.

So if you’re ready to invest in Italian gold coins, you should also check the current gold price before buying to ensure you make an informed decision.

Tips for Identifying Authentic Italian Gold Coins

If you’re ready to buy Italian gold coins but worried about how to distinguish between fake and real gold coins, you can follow some simple rules.

It’s always a good idea to buy from a trustworthy dealer, like GOLD AVENUE, to ensure your products are genuine.

We're part of the MKS PAMP GROUP, the global leader in precious metals and a Swiss family-owned company with over 60 years of expertise. This means our products have undergone extensive quality control, so you can be sure the metals are real.

Differences between Italian Gold Coins and other gold coins

Italian Gold Coins are highly valued for their rich historical significance, stunning artistic designs, and deep connections to Italian culture. Cuban Gold Coins provide a rare opportunity to own a piece of Cuban history due to their limited availability. Austrian gold coins feature intricate craftsmanship and musical themes, while Royal Mint Gold Coins display iconic British symbols and heritage.

Gold coins come in various designs, reflecting different cultures and histories, making them attractive to collectors and investors globally. These coins have unique artistic value, cultural significance, rarity, and recognition, making them a great choice for those seeking diverse and valuable additions to their collections or investments.

Best Practices for Storing and Protecting Your Investment

You can benefit from our free storage solution (up to £8,500) if you buy Italian gold coins from GOLD AVENUE. Our vaults are safe and secure since they are independent of the banking system and insured. This way, your precious metals are protected from potential theft, damage, or loss.

GOLD AVENUE also offers discreet and secure home delivery services. You can also easily track your order since each package has a tracking number.

To ensure the longevity of your precious metals, we recommend handling them with care and using protective gear like cotton gloves. It’s best to store them in a clear plastic capsule in a cool, dry place away from direct sunlight or heat sources.

Tax Implications of Investing in Italian Gold Coins

While investment-grade (at least 999.5 purity) gold is not subject to VAT in Europe, it's still important to check the specific regulation around Capital Gains Tax and any other exemptions and allowances of your country of residency.

For example, if you reside in the U.K. and buy legal tender coins from the Royal Mint, you're not subject to any capital gains tax. But if you buy other non-UK coins, like the Italian gold coins, you must pay capital gains tax. So it's important to check specific regulations.

Gold Avenue offers a diverse range of gold coins from various mints, including:

• Austrian Mint
• Royal Mint
• Monnaie de Paris (French Mint)