500 Lire (Caravelle)

Brief Description

The obverse of the coin features a bust of a woman with braided hair, representing Italy, surrounded by 19 shields of the regional capitals of Italy. The reverse depicts three Caravels (sailing ships) in full sail, sailing towards the left, with waves below them.

Historical Significance

The 500 Lire Caravelle coin is one of Italy's most iconic post-WWII circulating commemorative coins. It was Italy's first silver coin issued after World War II and its design, particularly the Caravels, symbolized Italy's economic recovery and maritime heritage. The regional shields on the obverse highlight the unity of the newly formed Italian Republic.

Estimated Value

The value can range from approximately $10 to $100+ USD, depending on the specific year, mint mark, and condition. Early years (1957, 1958) and uncirculated coins generally fetch higher prices.

Care Instructions

Handle the coin by its edges to avoid transferring oils from your skin. Store in a cool, dry place, ideally in an inert holder (e.g., Mylar flip, archival slab) to prevent tarnishing and environmental damage. Avoid cleaning the coin, as this can significantly decrease its numismatic value.

Created At: 2025-09-15T16:38:27.805339