1959 ITALY .500 LIRA, SILVER COIN. WORTH MORE THAN MELT?

i bought this coin at melt value, is there much of a market for a coin like this beyond the silver value? i don't buy many foreign coins.

 

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1956-1966 Italy used this Queen Isabella Obv & Columbus Rev.In a MS-66+ grade is semi rare.This looks like an Au-58-MS-61 but still a Nice coin!!

 

I should think so. They're not exceedingly common as far as I know, and the rendition of Columbus' ships is nicely done.

 

A prized asset to any collection, nice design and highly collectable.

 

I love these coins but they seem to sell for around melt value.

 

What's the year these were minted? I don't see any date.

Beautiful coin!

 

Yes, I often see them in a pile/box offered at around melt. The coin is similar to a Franklin half dollar. It sells for melt in grades below UNC.

 

The date is on the edge.

There is interesting data to be found at CT regarding this beautiful coin. You can do a CoinTalk thread title search for "Italy 500 Lire". Here is one that I posted:
http://www.cointalk.com/threads/data-italy-caravels-500-lire-coin-is-beautiful.207551/

 

Thanks Collect89...........it's also in the title of this thread.

 

Date is on outside rim.my Unc set were all minted elsewhere in Naples .
I am not sure if they minted elsewhere ?

 

I thought all these were minted in Rome.

 

Right, all coins of the Italian Republic (1946-today) were and are minted in Rome.

Christian