500 Lire

500 Lire (Three Caravels)

Italy · 1962

The obverse features the bust of a woman in Renaissance dress surrounded by the 19 coats of arms of the regional capitals. The reverse (not visible but characteristic of this issue) depicts the three caravels of Christopher Columbus sailing to the right.

Country: Italy
Year: 1962
Denomination: 500 Lire
Metal: .835 Silver

This report is AI-generated and can be wrong. Always verify grade, authenticity, and value with a qualified dealer or certified grading service before buying, selling, or insuring.

Identified February 7, 2026More italy coins →

Explore 500 Lire (Three Caravels) in the encyclopedia →

Identify your own coins.

Get a report just like this from any photo, free.

App Store Google Play

Overview

Historical significance

This coin was part of a series first issued in 1957 to signal Italy's post-war economic recovery. It is famous for the 'wrong sails' controversy in its trial version, though the 1962 circulation issue is standard. It represents the height of Italian numismatic design in the 20th century.

Estimated value

$10 - $20 USD (depending on silver spot price and condition)

Care & preservation

Keep in the protective flip shown to prevent scratches. Avoid cleaning or polishing as it removes the natural patina and significantly reduces numismatic value. Handle only by the edges if removed from the holder.