500 Lire Silver Caravelle

Brief Description

The obverse features a woman's head in Renaissance style surrounded by 19 shields representing the regions of Italy. The reverse depicts three caravels (Columbus's ships) sailing to the right.

Historical Significance

This was the first commemorative silver coin issued by the Italian Republic after WWII. It is famous for a rare 1957 trial version where the flags on the ships' masts fly against the wind.

Estimated Value

$10 - $25 USD (depending on silver spot price and condition)

Care Instructions

Do not clean with chemicals or abrasives. Store in a cool, dry place inside a non-PVC coin holder or capsule to prevent tarnishing.

Created At: 2026-02-05T16:20:57.393948