Trio of NGC-certified Italian Rarities Impress at Aste Bolaffi Sale

Three Italian gold rarities certified by Numismatic Guaranty Corporation® (NGC®) each realized €51,240 (about $57,900 USD) in an auction held in Turin on July 9-10, 2020. The sale was organized by Aste Bolaffi, a valued Italian auction house.

Italy 1880R 100 Lire graded NGC MS 60. Realized: €51,240 (about $57,900 USD) Click images to enlarge

The coins included an Italy 1880R 100 Lire graded NGC MS 60 featuring the bust of Umberto I, who ascended to the throne in 1878 and ruled until he was assassinated in 1900.

Meanwhile, two coins issued by Victor Emmanuel III (Umberto I's son and successor, who ruled until 1946) also each realized €51,240 (about $57,900 USD). They were an Italy 1912R 20 Lire Prova graded NGC MS 66+ and an Italy 1902R 20 Lire graded NGC MS 63.

"We are very satisfied with the results and confident about the future," said Gabriele Tonello, Head of the Numismatic Department at Aste Bolaffi. "For the first time, we had a considerable number of NGC-graded coins. We saw an increase in the number of customers, and the final results were beyond expectations."

Other NGC-certified highlights in the sale included:

• an Italy 1872R 100 Lire graded NGC MS 64 PL that realized €48,800 (about $55,100 USD)
• an Italy 1937R 100 Lire graded NGC MS 63 that realized €36,600 (about $41,400 USD)
• an Italy 1903R 20 Lire graded NGC MS 66 that realized €23,180 (about $26,100 USD)
• a US 1907 High Relief Saint-Gaudens $20 graded NGC MS 62 that realized €12,810 (about $14,500 USD)

Aste Bolaffi's next numismatic sale is scheduled for Turin in December. To learn more about Aste Bolaffi, click here.

All prices realized include buyer's premium.