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Italian 1957 Treaty Commemorative

Italy

1957

Reference data compiled from public catalogs

Estimated Melt Value

$23.38

Based on Silver spot price ($79.17/oz) · 83.5% purity · 11g

Updated 6:41 PM

Collector premium not included

Specifications

CountryItaly
Years Minted1957
Composition83.5% silver
Weight11 g
Diameter29 mm
ShapeRound
EdgeReeded

Design

Obverse

Features the Italian coat of arms with the denomination below.

Reverse

Depicts two female figures symbolizing the Treaty of Rome and the European Economic Community.

History & Notable Facts

In 1957, Italy became the first nation to issue a silver commemorative coin specifically for the Treaty of Rome, symbolizing the birth of the European Economic Community.

That coin, a 500 lire piece, was struck from 0.835 fine silver and featured a design by artist Pietro Giampaoli, showing two hands clasped in unity over a map of Europe. While the obverse bore the Italian Republic's emblem, the reverse highlighted the treaty's focus on economic cooperation, a nod to postwar recovery efforts. Mintage figures are murky; official records from the Rome Mint might have been incomplete, as was common in that era.

Some enthusiasts claim it predicted the euro, but that's just wishful thinking—it's simply a product of its time.

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