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50 Lire - Victor Emmanuel III

Issuer Kingdom of Italy
Year 1936
Type Standard circulation coin
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Obverse script Latin
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Reverse description The reverse displays a bold vertical composition centered on the Roman fasces symbol within a circular shield at the lower center, surmounted by a circular shield bearing the Savoy cross within a roundel topped by a royal crown. Above this, a spread eagle with wings displayed perches atop a rectangular plinth, rendered in fine detail with individually engraved feathers. The word ITALIA is arranged around the periphery in large, widely spaced capital letters flanking the central devices. The denomination L. 50 appears at the bottom of the field, flanked by the date 1936 to the left and the Fascist era regnal year XIV to the right, with the Rome mint mark R visible at lower left.
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Additional information

Italy's 1936 gold coinage was produced against the backdrop of international sanctions imposed by the League of Nations following the invasion of Ethiopia. The regime's response was partly economic theater — gold coins were publicly promoted while the government simultaneously ran campaigns urging citizens to donate their personal gold jewelry and wedding rings to the state in exchange for steel replacements. How many of these pieces ever reached private hands under normal commercial conditions remains an open question.

Mintage for this type was extremely limited, and surviving examples in any condition are scarce.

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