500 Lire (Caravels)

Brief Description

The obverse features a female bust surrounded by shields, while the reverse (shown) depicts the three caravels of Christopher Columbus (Nina, Pinta, and Santa Maria) sailing to the right, with the inscription REPUBBLICA ITALIANA and the value L.500.

Historical Significance

This was the first silver coin intended for circulation in the Italian Republic after WWII. It is famous for a rare 1957 trial version where the flags on the ships pointed against the wind; the standard version has flags pointing to the right (with the wind).

Estimated Value

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

Care Instructions

Store in a cool, dry place. Avoid cleaning or polishing as it removes the natural patina and can significantly decrease numismatic value. Handle by the edges to prevent skin oils from causing spots.

Created At: 2026-02-12T20:54:09.790736