Introduction to the italian 500 lire coin
When we talk about the 500 Lire Silver Coin we are normally reminded of the italian 500 Lire bimetallistic coins made of actimonial on the outside and bronzital on the inside that for many years we have seen and used in Italy .
In fact, before this model, introduced in 1982, the italian 500 lira were wholly made in silver.
Among these models there are some actually interesting and worthy one, since some 500 Lire Silver Coins have can have a value of thousands of euros.
History of the Italian 500 Lire Silver Coin
The 500 Lire Silver Coins were minted during two periods of the italian Republic. The first base mint took plaza from 1958 to 1967. During this period the 500 lire were minted in silver .
The moment period was from 1982 until 2001. In this period the 500 Lire Silver Coin were minted in actimonial and bronzital, frankincense becoming bimetallistic. In 2001, the issue was suspended forever because of the introduction of the single european currency, the Euro. We have talked a bunch about these bimetallistic coins in this article : italian 500 lire coin .
Outside of these productions and coins put into circulation, some silver models were besides minted for collectors merely .
Value and Price of 500 Lire Silver Coin
The 500 Lire Silver Coin have a current measure that varies according to sealed parameters as the curio, the print run, the year of mint and the state of conservation. These are fair some of the characteristics that must be evaluated to give a quotation of one 500 silver lira. broadly speaking, 500 Lire Silver Coins are not uncommon .
If you own some of this italian coins you ’ re probably wondering how much are the 500 ash grey lira worth ?
The 500 Lire Silver Coin of all years of output are considered common, apart from the 1957 “ test ” output ( the one that is called “ 500 lire with sails on the contrary ” ) which is very rare. We will talk about these 500 rare lira in the future chapter .
The value of the 500 eloquent lira minted in 1968, 1959, 1960 is quoted from 3 to 8 euro per piece. The 500 silver lira of 1961 have a value in euro from 7 to 25 €, because they are produced in smaller quantities .
Some examples of these years, which show mint errors, may have a prize of respective hundred euro. There are some years that can have a value higher than 100 euro, always depending on the department of state of conservation. These are 1983, 1988, 1995, 1997 and last the last year 2001 .
The Mint of Rome has issued 3 different types of 500 lira eloquent coins 835. The first type is called : Caravelle .
500 Lire Silver Coin with Caravelle: Value and Curiosity
This mint was minted from 1958 to 1967 and is a fairly common piece. The obverse of the coin shows a break of a Renaissance charwoman, together with 19 coats of arms of the city capitals of the period. This mint ’ second rearward side is engraved with the three caravels ( Columbus ’ s ships ) that are sailing ( to the right ). The least common copies of this mint are those produced in 1993/94 .
The value of these coins ranges from €15 to €40 for FDC (Mint). year 1958 and 1965 models with the three caravels have a value in euro from 5 to 20 euro because they were made alone for collectors .
Curiosity: the proof of this coin, printed in 1957 in only 1004 pieces, presents the flags of the caravels in overrule ( upwind ) and is one of the rare and most precious italian coins .
The 500 Silver Lira with Sails to the contrary (1957)
The 500 Silver Lira with sails are one of the rarest coins in the italian Republic .
This coin shows on the reverse the design of the three caravels in navigation. What is special about it is that the flags on the top of the caravel ’ south independent trees are pointed into the wind, engraved in the face-to-face commission to where they should actually be looking at .
therefore, in reality, it is not the sails that are on the contrary, as you think, but the flags. The sails are facing in the right focus, towards the bow of the ships .
But there is another surprise…
…in fact not even the flags are in the wrong focus. In fact, the caravels are sailing upwind, close leeward, and therefore both the guidance of the flags and that of the sails are compensate .
No printing error therefore, just a variant of the engraving.
Nowadays in the democratic culture these coins are however called “ caravels with sails on the contrary “, which causes the most informed and heedful numismatists to be annoyed.
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Another classifiable feature is the writing “ Prova ” at the buttocks left under the caravels .
This test currency was alone minted in 1957. only 1004 copies were produced. subsequently, the “ regular ” serial began in 1958 .
The hypothesis of finding this rare coin between a lot of normal caravels, possibly stored in a drawer at home plate, is very low. In fact, the 500 silver medal lira with sails on the other handwriting have never been circulating .
These 500 silver lira have a value that can ‘ get from 3,000 to 12,000 euro depending on the state of conservation. Wanted by collectors, if you own one of these coin you have the fortune to have one of the rarest and most precious coins of the Italian Republic .
There are two other models of 500 Lire Silver Coin whose current value in euro is noteworthy. We are talking about the coins denominated “ 500 lira fusion of Italy “, and “ 500 lire with Dante “ .
500 Lire Silver Coin of the First Centenary of the Unification of Italy
The 500 silver lira minted between 1961 and 1963 are a special and noteworthy model. This 500 lire model shows a calculate of a womanhood sitting on a capital holding a helmet on the proper side and a quadriga on the back .
It has been coined on the occasion of the First Centenary of the Unification of Italy, they were produced for only three years, always using alone the shape of 1961 .
consequently, the coins produced in the succeed two years hush have only the date 1961. The 500 flatware lira in doubt have an average respect of about 7 euro. Some Mint models can reach a value of between 20 and 80 € .
500 Lire Silver Coin of Dante Alighieri: Value and curiosity
These500 Lire Silver Coins were produced in 1965 on the affair of the celebrations of the Seventh Centenary of Dante ’ s birth. Dante ’ s 500 silver lira have a prize in euro ranging from 3 to 10 euro depending on the state of the mint .
Different rate has the trial translation of the coin. In fact, the test version is separate of a specialize group of 500 rare and valuable lira. It was produced and given as a give to the mint ’ south employees. The value of these 500 Lire Silver Coin can exceed 4,000 € .
How to recognize these 500 rare lira ? Simple, on the revoke of the coin must be written “ Prova “ .
500 Lire Coin after 1982
From 1982 onwards, the 500 lire coins were minted in actimonial and bronzital becoming 500 lire bimetallistic. From this year on we can no longer talk of 500 rare lira because of the big volumes of bimetal print .
Value of Bimetallic 500 Lire
This exemplary of 500 lire is possibly the best known even by you who are reading this article. The classic coin was minted between 1982 and 2001, when it was replaced by the Euro. Some years see the production of metier point coins, others with small head and others with big question .
But how much are the 500 lire of acmonital and bronze deserving ?
In general they have a prize of 2€ if in perfective condition. The 1991 coins can besides be quoted at 10€ if perfective. There are besides some models of 500 bimetallistic lira coined for commemorative events. These are as follows :
500 Bank of Italy Lira
Coined in 1993, these 500 acmonital and tan lira wanted to celebrate the centennial of the Bank of Italy. They have a maximum value of 2€ .
500 Lira of Luca Pacioli
This common currency depicts Luca Pacioli and was produced in 1994 on the occasion of the celebrations of his five-hundredth birthday. The price of these 500 acmonital and bronze lira is 1 euro .
500 Lire Coin of Istat
A coin produced in 1996 and with a value of about 1 euro. It was coined to celebrate the seventieth anniversary of Istat .
500 lire of Police
not uncommon mint, produced in the year 1997. It was coined to celebrate the fiftieth anniversary of the establishment of the Traffic Police. The value of this currentness is quoted in 1 euro.
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500 lire coin of IFAD
These bimetallistic 500 lire of acmonital and bronzital were coined in 1988 for the celebrations of the twenty dollar bill years of Ifad. This 500 lira coin is worth a utmost of 1 euro .
500 lire Coin of Elections of the European Parliament
The last mint of 500 lire commemorative. It was produced in 99 to celebrate the twentieth and direct elections of the European Parliament. Its value is 1 euro .
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