Victor Emmanuel III (Italian: Vittorio Emanuele III, 11 November 1869 – 28 December 1947) was the King of Italy from 29 July 1900 until his abdication on 9 May 1946. In addition, he claimed the thrones of Ethiopia and Albania as Emperor of Ethiopia (1936–41) and King of the Albanians (1939–43), claims not recognized by the other great powers. During his long reign (nearly 46 years), which began after the assassination of his father Umberto I, the Kingdom of Italy became involved in two World Wars. His reign also encompassed the birth, rise, and fall of Italian Fascism under Mussolini.
This coin was struck to commemorate the 1861 Italian Unification. On 18 February, Victor Emmanuel assembled the deputies of the first Italian Parliament in Turin. On 17 March 1861, the Parliament proclaimed Victor Emmanuel King of Italy, and on 27 March 1861 Rome was declared Capital of Italy, even though it was not actually in the new Kingdom.
This coin is highly sought the world over for its impressively artistic reverse design.