Italy 20 Lire 1912 Victor Emmanuel III
The average price of the 20 Lire 1912 coin is $1,320 as of January 21, 2026. This data is based on an analysis of 444 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 20 Lire 1912, a detailed comparison of individual specimens is required, considering die varieties and grade.
Average price
| Year | Price |
|---|---|
| 2025 | $1,461 |
| 2024 | $1,087 |
| 2023 | $1,412 |
| 2022 | $1,280 |
| 2021 | $1,358 |
Sales chart

Heritage Auctions
- DateMay 6, 2025
- Starting price—
- Selling price
Lot 25114 Sought-After 10 Lire Vittorio Emanuele III gold 10 Lire 1912-R MS64 NGC, Rome mint, KM47, Fr-29. The rarest issue of the design-identical 20, 50, and 100 Lire denominations. Though this is the most attainable date from the three-year series, premiums remain high for conditionally-scarce representatives such as this. Flashy and sharp in hand, offering almost all the appeal of Gem condition apart from some chatter in the fields. Ex. The Alexander Collection (Heritage Auction 3037, January 2015, Lot 31231) Metal: Gold Diameter: 18mm Weight: 3.2258g AGW: 0.0933oz Mintage: 6,796 Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.
InAsta S.p.A.
- DateApril 15, 2025
- Starting price
- Selling price—
Lot 520 SAVOIA - Vittorio Emanuele III (1900-1943) - 20 Lire 1912 Aratrice Pag. 667; Mont. 51 R (AU g. 6,46)
Grading/Status: qFDC
GINZA COINS CO.
- DateApril 12, 2025
- Starting price
- Selling price
Lot 760 Italy, Vittorio Emanuele III gold 20 Lire 1912-R, KM-48, NGC(MS63). | UNC
Nomisma Spa
- DateApril 10, 2025
- Starting price
- Selling price—
Lot 868 Vittorio Emanuele III (1900-1946) 20 Lire 1912 oro rosso - Nomisma 1078 AU RR Segnetto al bordo da processo di coniazione.
Grading/Status: qFDC
Nomisma Spa
- DateApril 10, 2025
- Starting price
- Selling price—
Lot 869 Vittorio Emanuele III (1900-1946) 20 Lire 1912 - Nomisma 1078 AU Ex H.D. Rauch Auction 91 del 2012, lotto 1194
Grading/Status: qFDC
Nomisma Aste
- DateMarch 23, 2025
- Starting price
- Selling price—
Lot 852 Vittorio Emanuele III (1900-1946) 20 Lire 1912 - Nomisma 1078 AU R Segnetti al bordo.
Grading/Status: SPL-FDC
Aurora Numismatica
- DateMarch 18, 2025
- Starting price
- Selling price—
Lot 255 Regno d'Italia, Vittorio Emanuele III (1900-1943), 20 Lire 1912 Prova, Pag-186 RRRR Au 21 mm, 6,45 g, eccezionale, in Slab NGC MS65
Stack's Bowers
- DateMarch 13, 2025
- Starting price
- Selling price
Lot 12265 ITALY. 20 Lire, 1912-R. Rome Mint. Vittorio Emanuele III. PCGS AU-58. Fr-28; KM-48; Pag-667; Gig-31. Mintage: 59,000. Crisply struck and lustrous with rich honey toning over the surfaces. Only the slightest hint of friction keeps this beautiful coin from a Mint State grade. Estimate: €800 - €1,000. Provenance: From the Dr. Michael Vale Collection. Ex: Stack's (6/1982) Lot # 777. Please note: Lots will be temporarily admitted in Switzerland for the Auction Sale and shipped back at Stack’s Bowers risks to the U.S.A. immediately after the Auction Sale. Lots will then be delivered and shipped to Buyers from the U.S.A. To view all items from the Dr. Michael Vale Collection, click here. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA.
Nomisma Spa
- DateMarch 12, 2025
- Starting price
- Selling price—
Lot 5016 Vittorio Emanuele III (1900-1946) 20 Lire 1912 - Nomisma 1078 AU
Grading/Status: SPL+
Heritage Auctions
- DateFebruary 5, 2025
- Starting price—
- Selling price
Lot 61195 Vittorio Emanuele III gold 20 Lire 1912-R MS63 NGC, Rome mint, KM48, Fr-28. Desirable and popular type. From the Robert C. Pickett Collection Metal: Gold Weight: 6.4516g AGW: 0.1867oz Melt Value: $532.84 Gold Spot: $2,854/oz (02-06-2025) Mintage: 59,000 Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.
Hatria Numismatica
- DateDecember 18, 2024
- Starting price
- Selling price
Lot 795 Regno d'Italia. Vittorio Emanuele III (1900-1943). 20 lire 1912 Au. Gigante, 31. Lievi segni di restauro al rovescio prima della data. Rara. SPL+
Casa d'Aste Montenegro
- DateDecember 5, 2024
- Starting price
- Selling price
Lot 671 Vittorio Emanuele III 1900-1946 - 20 lire 1912 av.. R/ allegoria rappresentante l’Italia agricola, con a sinistra, fascio di spighe e a destra, aratro Pagani 667. Montenegro 51 gr. 6,446 - Ø 21 - R
Grading/Status: Fdc66
Casa d'Aste Montenegro
- DateDecember 5, 2024
- Starting price
- Selling price
Lot 669 Vittorio Emanuele III 1900-1946 - 20 lire 1912 av.. Semibusto in uniforme a testa nuda a sinistra R/ allegoria rappresentante l’Italia agricola, con a sinistra, fascio di spighe e a destra, aratro Pagani 667. Montenegro 51 gr. 6,442 - Ø 21 - R
Grading/Status: Fdc64
Münzenonline
- DateNovember 22, 2024
- Starting price
- Selling price
Lot 850 ITALIEN. KÖNIGREICH ITALIEN. Victor Emanuel III., 1900-1946. 20 Lire 1912 R, Rom. 5,81 g Feingold. Fb. 28; Pagani 667; Schl. 96.R fast unzirkuliert
Varesi
- DateNovember 18, 2024
- Starting price
- Selling price
Lot 222 VITTORIO EMANUELE III (1900-1946) 20 Lire 1912 "Aratrice", R, Roma MIR 1126b Pagani 667 Au 6,44 g 20,9 mm R SPL÷FDC
Nomisma Aste
- DateNovember 16, 2024
- Starting price
- Selling price—
Lot 1006 Vittorio Emanuele III (1900-1946) 20 Lire 1912 - Nomisma 1078 AU R
Grading/Status: SPL+
Nomisma Aste
- DateNovember 16, 2024
- Starting price
- Selling price—
Lot 1423 Vittorio Emanuele III (1900-1946) 20 Lire 1912 - Nomisma 1078 AU R
Grading/Status: SPL+
Nomisma Aste
- DateNovember 16, 2024
- Starting price
- Selling price—
Lot 1005 Vittorio Emanuele III (1900-1946) 20 Lire 1912 - Nomisma 1078 AU R In slab NGC n° 6648392-020.
Grading/Status: MS 63
Nomisma Aste
- DateNovember 16, 2024
- Starting price
- Selling price—
Lot 1004 Vittorio Emanuele III (1900-1946) 20 Lire 1912 - Nomisma 1078 AU R In slab NGC n° 6772759-012.
Grading/Status: MS 62
Numismatica Ranieri S.r.l.
- DateNovember 13, 2024
- Starting price
- Selling price
Lot 737 REGNO D’ITALIA Vittorio Emanuele III, 1900-1943. - 20 Lire 1912 Roma, Aratrice. Au
Dr. Semibusto del sovrano in uniforme a testa scoperta, rivolto a s. circondato da legenda; sotto, rettangolo con nodo sabaudo. Rv. Figura intera di donna con spighe e aratro rivolta a s. che rappresenta l’Italia agricola. Pag. 667; Gig. 31. Rara.
Grading/Status: Più di SPL
Notes
Autore: Boninsegna (rovescio); incisore: Giorgi (rovescio).



























