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Gold $2,553.09 $(20.39) -0.79% Silver $29.76 $(0.53) -1.75% Platinum $932.20 $(3.56) -0.38% Palladium $935.50 $5.21 0.56%

Latin Monetary Union 20 Franc/Lira Gold Coins – Type and date of our choosing

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The Latin Monetary Union (LMU) was established in 1865 and included France, Belgium, Switzerland, and Italy, among other countries. It aimed to create a common monetary system based on the gold and silver standard.

The gold coins of the LMU typically featured:

  1. Design: Most coins displayed national symbols or notable figures, often with intricate designs. Common motifs included allegorical representations of Liberty, national emblems, or portraits of monarchs.

  2. Specifications: The gold coins were generally minted in denominations like 20 francs (France/Switzerland/Belgium), 20 lire (Italy), and similar values in other member countries, containing 0.1867 Troy ounces of pure gold.

  3. Composition: They were typically composed of 90% gold and 10% alloy, ensuring durability while maintaining a high gold content.

  4. Circulation: These coins were intended for international trade within the member countries, facilitating easier commerce and exchange.

  5. Decline: The union began to dissolve in the late 19th century as countries shifted to different monetary policies, but the coins remain significant as historical artifacts representing a unique effort at monetary cooperation.

Collectors today value these coins for their historical importance and artistry, while investors see them as a desirable alternative to similarly-sized bullion coins. 

These coins range in condition from XF to BU.

SKU: LMU20FRC