Repubblica Italiana 500 Lire Commemorative Gold Restrike or Medal
Coin/Medal (Commemorative) · Yellow Gold (standard high-karat copper/silver alloy)
Purity: Estimated 18K (750) to 22K (916) depending on origin; original circulation coins were silver (.835), but specific gold versions exist as official restrikes or private bullion medals.
Type
Coin/Medal (Commemorative)
Purity
Estimated 18K (750) to 22K (916) depending on origin; original circulation coins were silver (.835), but specific gold versions exist as official restrikes or private bullion medals.
Gold Type
Yellow Gold (standard high-karat copper/silver alloy)
Weight
Approx. 15 to 20 grams for a gold version of this diameter; original silver specifications are 11.0 grams.
Description
This item features the iconic obverse of the Italian 500 Lire coin, depicting the Renaissance-style profile of a woman representing Italy, surrounded by 19 shields of regional capitals. While the design is most common in silver ('Caravels' or 'Unification' issues), gold examples exist as bullion commemoratives and luxury numismatic restrikes.
Key Features
Distinctive 'Signora' profile with laurel wreath; classic serif typography; high-relief sculptural quality characteristic of Pietro Giampaoli's influence.
Color & Finish
Deep yellow tone over darkened/oxidized field; evidence of matte finishing in recessed areas with polished high-relief details.
Hallmarks & Stamps
Legend 'REPUBBLICA ITALIANA' around the perimeter; artist signatures (Romagnoli and Monassi) likely visible at base of neck; no visible karat stamp on obverse but often marked on the edge for restrikes.
Dimensions Estimate
29.3 mm in diameter (standard 500 Lire size); approx 2.0 mm thickness.
Gemstones & Inlays
None; pure metallic relief.
Clasp & Closure
Not applicable (coin/medal form).
Chain & Links
Reeded or lettered edge depending on specific edition; smooth field transitioning to raised profile.
Craftsmanship Details
Die-struck construction with intricate hair detail and crisp lettering; Italian numismatic excellence in anatomical proportion.
Authentication Indicators
Characteristic serif font spacing; profile silhouette matching official Romagnoli dies; color consistency of high-purity yellow gold.
Origin & Maker
Italy; IPZS (Istituto Poligrafico e Zecca dello Stato) or authorized private bullion mints.
Era & Period
Designer era 1957 (Mid-Century Modern Italian Numismatic Style).
Age Estimate
Varies; original design 1957, restrikes produced through early 2000s.
Cultural Significance
Represents the 'Economic Miracle' of post-war Italy and the revival of classical Renaissance aesthetics in modern republican currency.
Condition Notes
Very Good (Circulated). Visible surface scratches, heavy toning/patina in recesses, and minor rim nicks suggest it has been handled without protective casing.
Value Estimate
Primarily calculated as melt value (80-90%) plus a 10-15% numismatic/collector premium depending on verifiable karat and weight.
Care & Maintenance
Do not clean with abrasives; use a soft microfiber cloth; store in a PVC-free airtight capsule to prevent further oxidation.
Similar Items
1957-2001 Silver 500 Lire (same design, different metal); 1000 Lire Gold Commemoratives; 20 Lire Umberto I Gold Coins.
Interesting Facts
The original 1957 version of this design in silver was part of a controversial trial where the flags on the ships (reverse) were flying the wrong way; gold versions were often gifted to officials.