The value of a gold lira coin can vary depending on several factors, including:
- Origin: Gold lira coins were minted in both the Ottoman Empire and Italy.
- Weight and Purity: For example, a Turkish 24 carat gold lira weighs 1.8 grams, while an Italian 20 Lire gold coin weighs 6.451 grams and has a purity of 90% gold. The melt value of an Italian 20 Lire gold coin is currently $634.63 based on a spot gold price of $3,337.01 USD.
- Rarity and Collectibility: A 2001 Turkish gold 50 Lira coin with a diamond eye is considered a collector’s item and is priced at $967.01. A rare 18th-century Ottoman gold coin is valued at $588.55 or $507.37.
- Condition: Coins in better condition (e.g., uncirculated, proof-like) generally command higher prices.
- Market Trends: The price of gold fluctuates based on various factors, including inflation, interest rates, global economic conditions, and geopolitical events.
Based on these factors, the price of a gold lira coin can range from approximately $500 to over $1,300. For example, the Italian 20 Lire gold coin is typically priced between $642 and $706. A Turkish gold 100 kurush coin in uncirculated condition is listed for $875.
The EBC Financial Group recommends considering these factors when buying or selling gold coins. You can find current market prices from various online retailers and numismatic websites.
What is a gold lira?
The lira, or lire (plural), has been the official currency of Italy from 1861 to 2002, after which it was replaced with the euro. Italian 20 Lire Gold Coin Best Value. Italian 20 Lire Gold Coin Emanuele II. Italian 20 Lire Gold Coin Umberto I. Sardinian 20 Lire Gold Coin Victor Emmanuel II.