Coin Identifier
500 Lire (Caravelle)
500 Italian Lire

500 Lire (Caravelle)

Italy · 1958-2001 (excluding years not minted for circulation)

The obverse features the three caravels of Christopher Columbus (Nina, Pinta, and Santa Maria) sailing to the right, with 'REPUBBLICA ITALIANA' and the denomination 'L.500'.

Country
Italy
Year
1958-2001 (excluding years not minted for circulation)
Denomination
500 Italian Lire
Metal
Silver (.835)

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Overview

The obverse features the three caravels of Christopher Columbus (Nina, Pinta, and Santa Maria) sailing to the right, with 'REPUBBLICA ITALIANA' and the denomination 'L.500'.

Historical significance

This was the first silver coin intended for general circulation in Italy after World War II. It features a design that became iconic in Italian numismatics, symbolizing discovery and the country's maritime history.

Estimated value

$10 - $25 USD (depending on condition and silver market prices)

Care & preservation

Avoid cleaning or polishing as it can damage the surface and reduce numismatic value. Store in a cool, dry place inside a non-PVC coin holder or capsule.

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