Difference between revisions of "Vatican City 1958 500 lire KM-57"
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| − | This specimen was lot 32578 in Stack's Bowers Collector's Choice sale (Costa Mesa, CA, May 2024), where it sold for $105. The catalog description<sup>[1]</sup> noted, "ITALY. Papal ([[Vatican]] City). 500 Lire, 1958. Rome Mint. Sede Vacante. PCGS MS-66+. This charming premium Gem delivers stunning rich tone, with a general vibrance and handsome underlying luster." In 1860, the king of Sardinia succeeded in unifying the Italian peninsula after centuries of fragmentation. The Papal States, protected by a French army, were not incorporated until 1870. The pope, denouncing the occupation of his domain, withdrew into the Vatican palace as a self-declared prisoner. Normal relations with the Italian government were not restored until Mussolini signed a concordat in 1929, granting the Pope sovereignty over Vatican City. Coinage began that year, struck at the Rome mint. Coins are issued for the Vatican City in symbolic amounts but as they are eagerly saved as souvenirs by tourists, they are not in short supply for collectors. This type, struck in 1958 for the interregnum between Pius XII and John XXIII, is common. It was the only issue of this ''sede vacante'', which lasted less than a month. This denomination was also struck for Pius XII in 1958 ([[Vatican City 1958 500 lire KM-56|KM 56]]). The lira was retired in 1999 when [[Italy]] joined the euro. | + | This specimen was lot 32578 in Stack's Bowers Collector's Choice sale (Costa Mesa, CA, May 2024), where it sold for $105. The catalog description<sup>[1]</sup> noted, "[[Italy|ITALY]]. Papal ([[Vatican]] City). 500 Lire, 1958. Rome Mint. Sede Vacante. PCGS MS-66+. This charming premium Gem delivers stunning rich tone, with a general vibrance and handsome underlying luster." In 1860, the king of Sardinia succeeded in unifying the Italian peninsula after centuries of fragmentation. The Papal States, protected by a French army, were not incorporated until 1870. The pope, denouncing the occupation of his domain, withdrew into the Vatican palace as a self-declared prisoner. Normal relations with the Italian government were not restored until Mussolini signed a concordat in 1929, granting the Pope sovereignty over Vatican City. Coinage began that year, struck at the Rome mint. Coins are issued for the Vatican City in symbolic amounts but as they are eagerly saved as souvenirs by tourists, they are not in short supply for collectors. This type, struck in 1958 for the interregnum between Pius XII and John XXIII, is common. It was the only issue of this ''sede vacante'', which lasted less than a month. This denomination was also struck for Pius XII in 1958 ([[Vatican City 1958 500 lire KM-56|KM 56]]). The lira was retired in 1999 when [[Italy]] joined the euro. |
''Recorded mintage:'' 100,000 plus 20,000 of KM 56. | ''Recorded mintage:'' 100,000 plus 20,000 of KM 56. | ||
Latest revision as of 10:35, 26 February 2025
This specimen was lot 32578 in Stack's Bowers Collector's Choice sale (Costa Mesa, CA, May 2024), where it sold for $105. The catalog description[1] noted, "ITALY. Papal (Vatican City). 500 Lire, 1958. Rome Mint. Sede Vacante. PCGS MS-66+. This charming premium Gem delivers stunning rich tone, with a general vibrance and handsome underlying luster." In 1860, the king of Sardinia succeeded in unifying the Italian peninsula after centuries of fragmentation. The Papal States, protected by a French army, were not incorporated until 1870. The pope, denouncing the occupation of his domain, withdrew into the Vatican palace as a self-declared prisoner. Normal relations with the Italian government were not restored until Mussolini signed a concordat in 1929, granting the Pope sovereignty over Vatican City. Coinage began that year, struck at the Rome mint. Coins are issued for the Vatican City in symbolic amounts but as they are eagerly saved as souvenirs by tourists, they are not in short supply for collectors. This type, struck in 1958 for the interregnum between Pius XII and John XXIII, is common. It was the only issue of this sede vacante, which lasted less than a month. This denomination was also struck for Pius XII in 1958 (KM 56). The lira was retired in 1999 when Italy joined the euro.
Recorded mintage: 100,000 plus 20,000 of KM 56.
Specification: 11 g, 0.835 fine silver, 29.3 mm diameter.
Catalog reference: KM-57, Ber-3414.
- Berman, Allen G., Papal Coins, South Salem, NY: Attic Books, 1991.
- 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.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
- [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, May 2024 World Collectors Choice Online Auction, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2024.
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