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The 1939 1 Old lek coin featuring Victor Emmanuel III is a noteworthy piece of Albanian numismatic history, reflecting the transitional period of Albania under Italian influence during the late 1930s. Struck in stainless steel at the mint in Rome, this coin was part of a mintage of 4,600,000, indicating its relatively common status with a rarity score of 4 out of 10. The coin's design showcases the profile of King Victor Emmanuel III, who played a significant role in the region's politics, and it serves as a reminder of Albania's complex relationship with Italy during this era. For collectors, this coin represents not only a tangible connection to a pivotal moment in Albanian history but also embodies the aesthetic and material characteristics of mid-20th century coinage. Its circulation condition adds to its appeal for those interested in the everyday currency of that time, making it a fascinating subject for numismatists studying the influence of monarchy and foreign relations in coin design.