100 Francs 20 Lire Pius IX

This piece belongs to a long-running series of miniature gold issues produced for the collector market, struck in negligible weights and packaged against oversized cards or capsules — the 40mm diameter figure refers to the presentation, not the coin itself. The pairing of a French franc denomination with an Italian lire denomination under a papal issuer, released by Niger, reflects the purely commemorative and commercially driven nature of modern numismatic licensing arrangements rather than any historical monetary relationship.