Italy 1934-R 50 centesimi

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Stack's Bowers 2022 ANA sale, part of lot 30521
SB822-30521h.jpg

This specimen was part of lot 30521 in Stack's Bowers ANA sale (Chicago, August 2022), which sold for $18,000. The catalog description[1] noted,

"Exceptionally Rare 1934 Set of "Collectors' Only" Italian Issues, ITALY. Mint Set (7 Pieces), 1934-R. Rome Mint. Vittorio Emanuele III. All PCGS MS-65 Certified. Mintage: 50 (for all pieces). 1) 20 Lire. KM-69. 2) 10 Lire. KM-68.1. 3) 5 Lire. KM-67.1. 4) 2 Lire. KM-63. 5) Lira. KM-62. 6) 50 Centesimi. KM-61.2. 7) 20 Centesimi. KM-44.

Issued with denominations in name only as they didn't actually have a legal tender status, these rare emissions were produced to fulfil collector demand as, outside of the copper 5 and 10 Centesimi denominations, no other nickel or silver coinage was issued in this period. As such, these examples clearly possess IMMENSE RARITY, especially when encountered together in a grouping such as this and in elite, Gem preservation as is the case here."

This type was struck for circulation 1919-25. The other dates, including this one, were struck only in proof. This date comes only with a reeded edge, some dates come with reeded or plain edges.

Specification: 6 g, nickel, 24 mm diameter.

Recorded Mintage: 50.

Catalog reference: KM 61.2.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th 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.
  • [2]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The 2022 ANA Auction - Ancients & World Coins - Featuring The Salton Collection Part III and the Robert C. Knepper Collection, Costa Mesa, CA: Stack's Bowers LLC, 2022.

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