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20 Lire - Victor Emmanuel III Fascism Anniversary
| Issuer | Italy |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Reference(s) | KM#64 |
| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | Log in to see details |
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| Reverse lettering | LIRE 20 OTTOBRE 1922 1923 R (Translation: 20 LIRE OCTOBER 1922-1923 R) |
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| Additional information |
Issued to mark the first anniversary of Mussolini's March on Rome in October 1922, this coin was authorized as the Fascist regime was still consolidating power — the Acerbo Law, which effectively guaranteed Fascist electoral dominance, wouldn't pass until July 1923. The mintage was deliberately limited, functioning more as a political artifact than a circulating coin.
KM#64 is one of the scarcer interwar Italian gold issues, with surviving examples frequently found in near-uncirculated condition precisely because so few entered commerce.