Repubblica Italiana 500 Lire Silver Coin (1958-2001)
Silver Coin (Numismatic/Circulation) · Not applicable (Silver Item)
Purity: 0% Gold; 83.5% Silver (.835 Fineness)
Type
Silver Coin (Numismatic/Circulation)
Purity
0% Gold; 83.5% Silver (.835 Fineness)
Gold Type
Not applicable (Silver Item)
Weight
11.0 grams
Description
A classic example of Italian numismatic art, the 500 Lire silver coin features the profile of a woman in Renaissance style surrounded by 19 shields representing the regional capitals. The reverse typically depicts the 'Three Caravels' of Christopher Columbus sailing against the wind. It is an iconic piece of Italian monetary history.
Key Features
Roman-style portraiture, high relief striking, designer signatures ROMAGNOLI and GIAMPAOLINI beneath the bust.
Color & Finish
Cool metallic silver with a natural aged patina and dark toning in the fields. Semi-reflective surfaces with high-relief details.
Hallmarks & Stamps
Legend: REPUBBLICA ITALIANA; Designer signatures: ROMAGNOLI, GIAMPAOLINI INC.
Dimensions Estimate
29.3 mm diameter, 1.9 mm thickness
Gemstones & Inlays
None
Clasp & Closure
Reeded edge finishing for anti-counterfeiting security.
Chain & Links
Not applicable; solid struck planchet.
Craftsmanship Details
Master-die striking with sharp, deep inscriptions and detailed hair texture; typical of 20th-century Italian minting excellence.
Authentication Indicators
Characteristic crisp lettering, specific designer signatures positioning, and edge reeding quality. Physical appearance matches .835 silver alloy.
Origin & Maker
Italy (Rome Mint - Istituto Poligrafico e Zecca dello Stato).
Era & Period
Modern Era; Italian Republic (Post-WWII).
Age Estimate
Produced between 1958 and 2001; likely mid-century.
Cultural Significance
Represents Italy's economic recovery and cultural rebirth after World War II, celebrating the nation's Renaissance heritage.
Condition Notes
Very Good to Fine (VF-XF); displays significant surface scratching and organic dark toning (tarnish) consistent with long-term atmospheric exposure or handling.
Value Estimate
$10.00 - $20.00 USD (Primarily bullion/melt value with a small numismatic premium for quality).
Care & Maintenance
Store in a PVC-free coin flip or capsule to prevent further oxidation; do not clean or polish as it destroys numismatic value.
Similar Items
1957 Proof 500 Lire (Trial), 1000 Lire Silver coins, and other European silver crowns of the 20th century.
Interesting Facts
This coin is famous for the 'wrong sails' error in its 1957 trial strike, where the flags on the caravels pointed towards the wind; corrected versions became the standard circulation coin.