Italy 500 Lire 1971 EEC Commemorative
Italy
1971
Reference data compiled from public catalogs
Estimated Melt Value
$29.93
Based on Silver spot price ($79.57/oz) · 90.0% purity · 13g
Updated 9:52 AM
Collector premium not included
Specifications
| Country | Italy |
| Years Minted | 1971 |
| Composition | 835/1000 silver |
| Weight | 13 g |
| Diameter | 29 mm |
| Shape | Round |
| Edge | Reeded |
Design
Obverse
Depicts the head of Italia facing left with the inscription 'REPVBBLICA ITALIANA'.
Reverse
Features a stylized map of Europe with stars and the inscription 'COMUNITA ECONOMICA EUROPEA' along with the year 1971.
History & Notable Facts
What sets this 1971 Italian EEC commemorative apart is its depiction of the European Economic Community's stylized olive branches, a design choice that subtly nods to unity amid post-war divisions.
Minted in Rome, the coin was struck in .835 fine silver, a composition chosen for its durability and to echo Italy's earlier trade coins. It carries a face value of 500 lire, though its actual weight—11.5 grams—made it more symbolic than practical for circulation.
Records on exact mintage are spotty; the Italian mint's archives from that era were disorganized, so we might never know the precise numbers produced.
As for myths, I've heard tales of it being cursed by disgruntled farmers, but that's nonsense—it's just a coin, not a talisman.
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