italian kingdom coins. what are they worth!?!

Discussion in 'What's it Worth' started by Giant2789, Sep 1, 2004.

  1. Giant2789

    Giant2789 New Member

    these four coins are all pre italian republic. My father collected them and i know the price of one but it seems an outrageous sum so can anyone help me out.
     
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  3. Giant2789

    Giant2789 New Member

    i dont know how to attach teh files
    grr ill figure it out and attach them
     
  4. Giant2789

    Giant2789 New Member

    yeah...umm can someone help me out....
     
  5. GDJMSP

    GDJMSP Numismatist Moderator

    OK - open a window to make a post. Then look below the window. See where it says this -



    Attach Files: Manage Attachments


    Click on Manage Attachments and follow the prompts in the dialogue box.
     
  6. Giant2789

    Giant2789 New Member

    thank you i put attach file but nothing happens.

    now i figured out what was the problem teh file was too big.

    here are the pictures if anyone can help me out here i would b very thankful
     

    Attached Files:

  7. joesmom

    joesmom Member

    Giant, can you clarify the dates on those please, I can't make them out very well. Thanks!
     
  8. GDJMSP

    GDJMSP Numismatist Moderator

    The first coin is obviously a 2 lira - the date appears to be1946 - the first year of issue. It says right on it Republic of Italy. The value ranges from $7.50 in Fine to $110 in Unc.

    Coin number 2 is a 1941 2 lira. It's value ranges from 50 cents in Fine to $11.50 in Unc.

    Coin number 3 is a 1940 50 centesimi. Value ranges from 25 cents in Fine to $5 in Unc.

    Coin number 4 is a 1940 1 lira. Value ranges from 30 cents in Fine to $5.50 in Unc.

    Based on the pics I would judge the last 3 coins as Fine. For the first coin it's hard to say for sure but it may grade as EF with a value of $50.
     
  9. Giant2789

    Giant2789 New Member

    coin dates

    going from left to right the date are 1948, 1939, 1940, 1940.

    thank you for the very descriptive of their value, i have one last question

    on a website called heritage, ill get the url asap there was a 1947 2 lira coin exactly like mine, the one with the wheat, was selling at an auction for $525. can one year really make that big of a difference in value? it said it was a rare date so i guess that is why, I understand that value is relative because it is how much someone wants a particular coin but thats a big difference.

    thank you for everything
     
  10. Giant2789

    Giant2789 New Member

  11. satootoko

    satootoko Retired

    First of all, a lesson in auction bidding. If you bid $525 and win the coin, it will cost you $642.40 in your mailbox (or $646.65 if you use a P.O. Box). Always read the auction description, and any links provided, very carefully. This is a typical auction house deal, with a buyer's premium of 20% of the bid. Internet auctions normally have a shippling & handling charge, and in this case it is $9.90 for insured delivery to a street address, or $14.15 to a P.O. Box. No problem if you take premium/shipping/handling into account when figuring your maximum bid, but a huge problem if you look only at the bid itself. (Most live auctions have bidder's premiums, but often they only are 10-12%.)
    You betcha!

    For your coin, KM#88, the 2005 Krause lists the following mintages, and gives the following Uncirculated values (generally assumed to be for raw MS63 graded coins):
    • 1946 113,000 $175.00
    • 1947 12,000 $850.00
    • 1948 7,200,000 $9.00
    • 1949 1,350,000 $53.00
    • 1950 2,640,000 $13.50

    Remember, supply and demand are major factors in valuing coins. Since the designs and metallic content are identical, it can be assumed that demand for individual 1946-50 2 Lire coins in any particular grade will be about the same, but since there were 600 times as many '48s minted as '47s, it's not really surprising to see a large value differential.

    The fact that the one in the Heritage sale is an MS65, graded by one of the "big four", means it can be expected to bring a significant premium over what a sight-unseen raw Uncirculated coin would. That the estimated range is just about Krause (when bidder premium and shipping are included) says more about the unreliability of Krause as a "price list" than anything else.
     
  12. GDJMSP

    GDJMSP Numismatist Moderator

    Hmmm - thought I could see the dates well enough - obviously couldn't :eek:

    There are 2 reasons why your coin, the '48 2 lira, and the '47 have such wide value variances. First of all the '47 is an MS65 example - yours is EF. The condition of the coin makes a huge difference in value. Secondly - the '48 had a mintage of 7,200,000 while the '47 had a mintage of 12,000. So being able to find a gem uncirculated example of a '47 2 lira is not easy to do. Therefore the value difference.
     
  13. Giant2789

    Giant2789 New Member

    thanks

    thank you for everything. As you can probably tell i am a beggining coin collector. i recently was looking up any coin that i had to see their value and i dont really know much about km#88, ms65 and thatb whole enchilada. My father had these coins for a long time so i was wondering if they were worth anything. IT doesn't matter becuase im not collecting coins to make money to because i like them. i dont want to spend thousands of dollars on a rare coin. thank you for everything, i guess collecting coins i more complicated than i thought.

    one more thing in light of recent events i dont have much hope but is this worth anything.

    1936 10 centesimi San marino coin


    thanks again
     

    Attached Files:

  14. GDJMSP

    GDJMSP Numismatist Moderator

    Krause values for this coin range from $1.50 to $7.00. Based on the pic & apparent condition I would say your coin is worth about $3.50.
     
  15. Giant2789

    Giant2789 New Member

    thank you, as i imagined nothing special. thank you everybody for all their advice. you have answered all my questions.

    thanks again bye
     
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