The value of an Italian 500 Lire coin can vary greatly depending on several factors, including:
- Composition:
– Silver: Coins minted between 1958 and 1967 were struck in .835 fine silver.
– Bi-metallic: Coins minted from 1982 onwards are bi-metallic, composed of acmonital and bronzital.
- Minting Year and Rarity:
– Some years are rarer than others, and their value reflects that rarity. For example, the 1957 “Caravelle with sails on the contrary” trial production is considered very rare.
– The 500 Lire silver coins from 1961 had a smaller production run and consequently have a higher value than other years within the silver coin series.
– Certain commemorative coins or coins with known minting errors can fetch higher prices.
- Condition/Grade:
– The better the condition of the coin (e.g., Uncirculated or Mint State), the higher its value.
– Coins with details grades (e.g., “XF details”) receive half the numerical score of a regular graded coin of the same category.
- Specific Design Variations:
– Different design variations, like the “Caravelle,” “Unification of Italy,” or “Dante” coins, can also influence the value, [according to Monete Rare].
– The 1957 “Caravelle with sails on the contrary” trial production, featuring flags on the caravels facing the wrong direction, is particularly valuable.
- Common silver 500 Lire coins (1958-1960, 1968): €3 to €8 per piece.
- 1961 silver 500 Lire coins: €7 to €25, due to lower mintage.
- Rare years (e.g., 1983, 1988, 1995, 1997, 2001) in good condition: Can exceed €100.
- Rare years with minting errors: Can reach several hundred euros.
- Bi-metallic 500 Lire coins (1982-2001): Generally less valuable than silver coins, with many having a value around €1.
- Trial versions (e.g., 1957 Caravelle “sails on the contrary”, 1965 Dante): Can reach values of several thousand euros.
To get a more precise value for your specific coin, it’s recommended to consult online auction sites like [eBay] , reputable coin dealers, or numismatic forums for current market prices and expert opinions.
Are Italian lira coins worth anything?
From my experience, The Italian Lira was replaced by the Euro in 2002 and Italian Lira coins and banknotes no longer have any monetary value. The exchange deadline for Italian Lira coins expired in 2011. However at Leftover Currency we continue to exchange coins from Italy for a value that covers their metal value.
How much silver is in 500 lire?
Great Italy 500 lire silver coin from 1960 showing Christopher Columbus ship on the reverse. Weight 9g, Silver content 83.5%.
What is the 500 Italian Lira 1982?
Between 1982 and 2001 Italy had a rather unique 500 lire coin in circulation. It was the first to have the value written in Braille on the reverse. The coin features the traditional woman’s head symbolizing the Italian Republic, as well as the Quirinale Palace on the reverse.