500 Lire (Three Caravels)

Brief Description

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.

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 Instructions

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.

Created At: 2026-02-07T00:34:50.502530