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

Nomisma Spa
- DateOctober 26, 2023
- Starting price
- Selling price—
Lot 902 Vittorio Emanuele III (1900-1946) 20 Lire 1912 - Nomisma 1078 AU R Minimi graffietti sulla guancia al D/ SPL+.
SINCONA AG
- DateOctober 24, 2023
- Starting price
- Selling price
Lot 2578 ITALIEN. Königreich. Vittorio Emanuele III. 1900-1946. 20 Lire 1912 R, Roma. 6.46 g. Mont. 51 (R). Pagani 667. Fr. 29. Vorzüglich / Extremely fine.
(~€ 835/USD 900)
Sima Srl
- DateOctober 20, 2023
- Starting price
- Selling price—
Lot 408 REGNO D’ITALIA VITTORIO EMANUELE III (1900-1943) 20 Lire 1912 Roma Gig 31 R AU Oro Gold gr. 6,45 mancanza di metallo e graffietto al dir qFDC
MDC Monaco
- DateOctober 12, 2023
- Starting price
- Selling price
Lot 2361 ITALIE - ITALY
Victor-Emmanuel III (1900-1946). 20 lire Or (ESPOSIZIONE INTERNAZIONALE AGRICOLA INDUSTRIALE) 1912, R, Rome. NGC MS 63 (5789695-020).
Av. VITTORIO EMANVELE III. Buste en uniforme, la tête nue à gauche ; devant rectangle avec nœud de Savoie.
Rv. REGNO D’ITALIA. Allégorie de l’Italie à droite, la tête en arrière, tenant un araire, accostée de LIRE - 20 ; à l’exergue signatures F. BONINSEGNA M. et L. GIORGI INC, et (atelier) (date)*.
Cud.1239b - Pag.667 - Fr.28 ; Or - 6,45 g - 21 mm - 6 h
NGC MS 63 (5789695-020).
De petites marques de manipulation. Superbe à Fleur de coin.
.
Aurora Numismatica
- DateSeptember 29, 2023
- Starting price
- Selling price
Lot 246 Regno d'Italia, Vittorio Emanuele III (1900-1943), 20 Lire 1912, Rara Au mm 21 in Slab NGC MS63.
ACM Aste srl
- DateSeptember 19, 2023
- Starting price
- Selling price
Lot 962 Casa Savoia. Vittorio Emanuele III. 1900-1943. 20 Lire 1912 Aratrice. Au. Gig. 31. Peso gr. 6,45. SPL. Fondi graffiati al rovescio altrimenti qFDC. Moneta dagli alti rilievi. R. (6823)
Nomisma Spa
- DateSeptember 2, 2023
- Starting price
- Selling price—
Lot 1394 Vittorio Emanuele III (1900-1946) 20 Lire 1912 oro rosso - Nomisma 1078 AU RR Segnetto al bordo. qFDC.
Nomisma Spa
- DateSeptember 2, 2023
- Starting price
- Selling price
Lot 1395 Vittorio Emanuele III (1900-1946) 20 Lire 1912 - Nomisma 1078 AU qFDC.
Heritage Auctions
- DateAugust 17, 2023
- Starting price
- Selling price
Lot 32939 Vittorio Emanuele III gold 20 Lire 1912-R MS64 NGC, Rome mint, KM48, Fr-28. Mintage: 59,000. A harvest-gold, lustrous near-Gem with minimal marks on the fields that also reveal areas of localized die polish when viewed under magnification. Covetable this nice and close to the terminal grades for the type. Sold with an old collector's envelope. HID05401242017 © 2023 Heritage Auctions | All Rights Reserved.
Heritage Auctions
- DateAugust 17, 2023
- Starting price—
- Selling price
Lot 32939 Vittorio Emanuele III gold 20 Lire 1912-R MS64 NGC, Rome mint, KM48, Fr-28. Mintage: 59,000. A harvest-gold, lustrous near-Gem with minimal marks on the fields that also reveal areas of localized die polish when viewed under magnification. Covetable this nice and close to the terminal grades for the type. Sold with an old collector's envelope. Metal: Gold Weight: 6.4516g AGW: 0.1867oz 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.
Bolaffi S.p.A.
- DateJune 7, 2023
- Starting price
- Selling price
Lot 383 Regno d'Italia Vittorio Emanuele III (1900-1946) - 20 Lire Aratrice 1912 - Zecca: Roma - Diritto: effigie del Re a sinistra - Rovescio: allegoria dell'Italia agricola con aratro e fascio di spighe - gr. 6,44 - q.FDC (Bol. n. R47) (Gig. n. 31) (Mont. n. 51) (Pag. n. 667).
Sima Srl
- DateMay 26, 2023
- Starting price
- Selling price
Lot 499 REGNO D'ITALIA Vittorio Emanuele III (1900-1943) 20 Lire 1912 Gig 31 R AU Oro In Slab NGC MS65 TOP POP Conservazione eccezionale! 21mm MS 65 TOP POP NGC
SINCONA AG
- DateMay 15, 2023
- Starting price
- Selling price
Lot 2966 ITALIEN. Königreich. Vittorio Emanuele III. 1900-1946 20 Lire 1912 R, Roma. 6.42 g. Mont. 51 (R). Pagani 667. Fr. 29. Selten / Rare. Leicht berieben / Slightly polished. Vorzüglich / Extremely fine.
(~€ 800/USD 860)
Varesi
- DateMay 9, 2023
- Starting price
- Selling price
Lot 657 VITTORIO EMANUELE III (1900-1946) 20 Lire 1912 "Aratrice" Roma MIR 1126b Pagani 667 Mont. 51 Cudazzo 1239b Au g 6,45 mm 21 R q.FDC.
Nomisma Aste
- DateMay 2, 2023
- Starting price
- Selling price
Lot 2549 Vittorio Emanuele III (1900-1946) 20 Lire "Aratrice" 1912 - Nomisma 1078 AU Perizia di Pacchiega Numismatica. Certified by Pacchiega Numismatica. SPL-FDC.
Nomisma Aste
- DateMay 2, 2023
- Starting price
- Selling price—
Lot 2548 Vittorio Emanuele III (1900-1946) 20 Lire 1912 "Aratrice" - Nomisma 1078 AU R qFDC.
Nomisma Aste
- DateMay 2, 2023
- Starting price
- Selling price
Lot 109 Vittorio Emanuele III (1900-1946) 20 Lire 1912 - Nomisma 1078 AU R SPL-FDC.
Nomisma Spa
- DateApril 13, 2023
- Starting price
- Selling price
Lot 1343 Vittorio Emanuele III (1900-1946) 20 Lire 1912 - Nomisma 1078 AU In slab MS 63 2132361-021 MS 63.
Nomisma Spa
- DateApril 13, 2023
- Starting price
- Selling price
Lot 1342 Vittorio Emanuele III (1900-1946) 20 Lire 1912 - Nomisma 1078 AU qFDC/FDC.
Katz Auction
- DateApril 5, 2023
- Starting price
- Selling price
Lot 708 Italy 20 Lire 1912 R NGC MS 63 KM# 48; N# 21248; Vittorio Emanuele III. Mintage 59000. Gold (.900) 6,45g.; UNC.

