Coin Value | Italy 500 Lire 1958 to 2001

Italy 500 Lire 1958 to 2001

Date: no date	Mint mark: R	Size: medium
Description: on the front is a woman with her hair in some kind of cloth, with strings hanging from the back of it. Around the woman are things that look like bells or shields. There is no writing on the front. On the back is three ships in water with their masts out. Around the ships are the words 'REPUBLICA ITALIA' At the bottom is L.500.
Composition: silver	Wear: little or no wear	Eye appeal: likable
Country: Italy	Denomination: not specified	Holder: not specified
Damage: scratch	Errors: not specified	Toning: not specified

[Request 865 received from LeishaF, Sunday, 02-Aug-2009, answered by Paul]
[Updated by CoinQuest. Be sure to use the current value of silver., Tuesday, 15-Jan-2013]

Check the edge of the coin, LeishaF, for the date. It will be between 1958 and 2001 when these coins were minted.

This is an unusual coin because it contains silver well after most circulating coins shed their silver content. After 1964 in the US, for instance, 'silver' coins were made out of copper-nickel. Not so with Italian 500 lire. They contain 0.295 troy ounces of silver even up to 2001.

To find the value of your 500 lire, multiply the current price of silver by 0.295. For instance, if silver is trading at $14 US dollars per troy ounce, the bullion value of an Italian 500 lire is 0.295 x $14 = $4. Be sure to check the price of silver. It changes every day. See kitco.com.

There is an unusual variation on this coin called a test (PROVA) version. Click to this web site for more information.