Italy 100 Lire 1903 Victor Emmanuel III
The average price of the 100 Lire 1903 coin is $14,400 as of January 21, 2026. This data is based on an analysis of 175 auction sales. The sample may include coins from other years or varieties in different conditions, so this is an approximate estimate. For an accurate valuation of the 100 Lire 1903, a detailed comparison of individual specimens is required, considering die varieties and grade.
Average price
| Year | Price |
|---|---|
| 2025 | $15,419 |
| 2024 | $14,123 |
| 2023 | $13,577 |
| 2022 | $14,111 |
| 2021 | $15,850 |
Sales chart

Stack's Bowers
- DateJanuary 8, 2016
- Starting price
- Selling price
Lot 41194 Stunning Early 20th Century Italian Gold Rarity ITALY. 100 Lire, 1905-R. Vittorio Emanuele III (1900-46). NGC MS-62. Pagani-639; Gigante-2; Mont-03; KM-39. RARE . Two year issue, with a mintage of 1,012 pieces and one of the most desirable Italian gold type coins from the post-unification period. Tied with three other examples at NGC and PCGS for finest graded of the date. Like most world central banks in the very early twentieth century, Italy took advantage of the sharp increase in world gold production following the introduction by gold miners of the cyanide leach process, which greatly enhanced gold reclamation. Gold was accumulated by Banca D'Italia and used to augment reserves, and while many of the outstanding bonds (held primarily by French and British banks) were redeemed, very little of the gold found its way into coinage. Today, nearly all of the Italian gold issues from this period are highly prized, and the 1903 and 1905 Italian 100 Lire coins are considered the most desirable of them all. The piece offered here is no exception, representing perhaps the most desirable example of all 1905 dated pieces extant. A straight graded coin with none of the problems that tend to plague the issue, totally free of copper spotting or damage to the razor sharp and extremely fragile rims. Nearly proof-like fields, especially on the reverse, with bright frosty matte luster on the devices. The strike is tremendous, with every strand of the king's hair fully defined, and with a reverse eagle that seemingly levitates above the surface of the mirrored fields. A coin missing from most collections of Italian gold, the opportunity offered here is one to be capitalized upon. Estimate: $16,000 - $20,000. NGC MS-62. Click here for certification details from NGC.
Bolaffi S.p.A.
- DateDecember 2, 2015
- Starting price
- Selling price
Lot 1266 100 Lire Aquila 1903 - Zecca: Roma - Diritto: effigie del Re a sinistra - Rovescio: aquila coronata ad ali spiegate con stemma sabaudo in petto - Rara - Minimi segni di contatto, ma in generale di alta qualità (Bol. n. R39) (Gig. n. 1) (Mont. n. 1) (Pag. n. 638) - Oro
Varesi
- DateNovember 18, 2015
- Starting price
- Selling price
Lot 813 - VITTORIO EMANUELE III (1900-1946) 100 Lire 1903 Roma. Pag. 638 MIR 1114a Au Molto rara ¥ÊMinimo colpetto al bordo al rovescio; solo 966 esemplari coniati SPL
Numismatica Ranieri S.r.l.
- DateNovember 9, 2015
- Starting price
- Selling price
Lot 979 CASA SAVOIA Vittorio Emanuele III, 1900-1943 100 Lire 1903 Aquila Sabauda . Au Pag. 638; Gig. 2. Rarissimo. SPL
Nomisma Spa
- DateOctober 20, 2015
- Starting price
- Selling price
Lot 2030 Vittorio Emanuele III (1900-1946) 100 Lire 1903 – Pag. 638; Mont. 1 AU RRR Esemplare eccezionale. Un esemplare simile nella nostra asta n. 52, lotto 1938, ha realizzato 40.000 euro più diritti FDC
Nomisma Spa
- DateOctober 20, 2015
- Starting price
- Selling price
Lot 2031 Vittorio Emanuele III (1900-1946) 100 Lire 1903 – Pag. 638; Mont. 1 AU RRR Dalla nostra asta 43/2011, lotto 1487, definito: "bellissimo esemplare" SPL+/qFDC
Nomisma Spa
- DateOctober 20, 2015
- Starting price
- Selling price
Lot 2032 Vittorio Emanuele III (1900-1946) 100 Lire 1903 – Pag. 638; Mont. 1 AU RRR Minimi colpetti al bordo e consueti minimi segnetti da contatto al D/ ma bell'esemplare SPL+/qFDC
Bolaffi S.p.A.
- DateJune 10, 2015
- Starting price
- Selling price
Lot 1884 100 Lire Aquila 1903 - Zecca: Roma - Diritto: effigie del Re a sinistra - Rovescio: aquila coronata ad ali spiegate con stemma sabaudo in petto - Rara - Minimi segni di contatto e colpetti sui bordi, ma in generale di buona qualità (Bol. n. R39) (Gig. n. 1) (Mont. n. 1) (Pag. n. 638) oro €6000
Bolaffi S.p.A.
- DateDecember 5, 2014
- Starting price
- Selling price
Lot 1069 100 Lire Aquila Sabauda 1903 Zecca: Roma - Fronte: effigie del Re a sinistra - Retro: aquila coronata ad ali spiegate con stemma sabaudo in petto - Rara - Lievi colpetti sui bordi - (Bol. n. R39 (Gig. n. 1 (Mont. n. 1 (Pag. n. 638
Bolaffi S.p.A.
- DateDecember 5, 2014
- Starting price
- Selling price
Lot 1145 100 Lire Aquila Sabauda 1903 Zecca: Roma - Fronte: effigie del Re a sinistra - Retro: aquila coronata ad ali spiegate con stemma sabaudo in petto - Rara - Di alta qualità, con minimi segni di contatto su fondi speculari - (Bol. n. R39 (Gig. n. 1 (Mont. n. 1 (Pag. n. 638
Numismatica Ars Classica, Zurich
- DateNovember 30, 2014
- Starting price
- Selling price
Lot 152 Monete di zecche italiane Savoia Vittorio Emanuele III, 1900-1946. Da 100 lire 1903. Pagani 638. MIR 1114a. Molto rara. q.Fdc
Nomisma Spa
- DateOctober 14, 2014
- Starting price
- Selling price
Lot 2435 Vittorio Emanuele III (1900-1946) 100 Lire 1903 – Pag. 638; Mont. 1 AU RRR Sigillata SPL da Gianfranco Erpini. Colpo ripreso e restaurato al bordo del R/, colpetti al bordo SPL
H.D. Rauch
- DateSeptember 30, 2014
- Starting price
- Selling price
Lot 1307 ITALIEN Königreich Italien (B) Vittorio Emanuele III. 1900-1946 100 Lire 1903 R, Rom. In NGC-Holder:MS61 Mont:1(R3); winz. Randschläge RR vzgl.
Nomisma Spa
- DateMay 13, 2014
- Starting price
- Selling price
Lot 2296 Vittorio Emanuele III (1900-1946) 100 Lire 1903 - Pag. 638; Mont. 1 AU RRR Conservazione eccezionale, sigillato FDC da Alberto Varesi, moneta di eccezionale rarità in questa conservazione FDC
Nomisma Spa
- DateMay 13, 2014
- Starting price
- Selling price
Lot 2460 Vittorio Emanuele III (1900-1946) 100 Lire 1903 - Pag. 638; Mont. 1 AU RRR Fondi lucidati e qualche minimo graffietto SPL+/qFDC
Nomisma Spa
- DateMay 13, 2014
- Starting price
- Selling price
Lot 2459 Vittorio Emanuele III (1900-1946) 100 Lire 1903 - Pag. 638; Mont. 1 AU RRR Minimo colpetto al bordo e segnetto sulla guancia al D/, esemplare di insolita conservazione SPL+/qFDC
Numismatica Ranieri S.r.l.
- DateApril 27, 2014
- Starting price
- Selling price
Lot 1025 Monete Savoia SAVOIA Vittorio Emanuele III, Re d’Italia, 1900-1943. 100 Lire 1903 Aquila Sabauda”. Au Testa nuda a s., in basso SPERANZA. Rv. Aquila coronata ad ali spiegate con scudo sabaudo a cuore caricato in petto. Pag. 38; Gig. 1. Molto Raro. Più che SPL
Heritage Auctions
- DateApril 10, 2014
- Starting price—
- Selling price
Lot 25353 Vittorio Emanuele III gold 100 Lire 1903-R, Rome mint, KM39,
Fr-22, MS61 NGC. A bright and bold offering with flashy,
yellow-gold surfaces and excellent, detailed devices. Underneath
contact marks and hairlines, which are typically encountered, the
fields have lustrous and prooflike qualities. Considered to be one
of the classic rarities among the European series, this broad and
striking 100 Lire has an exclusively small mintage of only 966
pieces. Truly a scarce and beautiful specimen.
Numismatica Ars Classica, Zurich
- DateDecember 10, 2013
- Starting price
- Selling price
Lot 344 Monete di zecche italiane Savoia Vittorio Emanuele III, 1900-1946. Da 100 lire 1903. Pagani 638. MIR 1114a. Molto rara. Segnetto nel campo del dr., altrimenti q.Fdc
Nomisma Spa
- DateOctober 26, 2013
- Starting price
- Selling price
Lot 1542 Vittorio Emanuele III (1900-1946) 100 Lire 1903 - Pag. 638; Mont. 1 AU RRR Insignificanti colpetti al bordo e leggermente lucidata al D/ ma splendido esemplare SPL



