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<p>[QUOTE=&quot;Collect89, post: 1457308, member: 15445&quot;]There is an interesting story about this 500 Lire coin.&nbsp; The obverse is the artistic work of Pietro Giampaoli and his wife Letizia Savonitto. The design was originally created in memory of the first 10 years of marriage.&nbsp; In 1951, a medallion with the same design won the first prize at the International Numismatics Exposition in Madrid.&nbsp;&nbsp; In 1957 the design was adopted for use on the Italian coin. </p><p><br /></p><p>This “Caravels 500 Lira” was initially minted in 1957 as a trial.&nbsp; Pieces dated 1957 have the ship’s flags waving against the wind direction.&nbsp; This was corrected when the coin went into production in 1958.&nbsp; The 1957 variety is a real keeper.&nbsp;&nbsp; Here is a link depicting one of the original 1957 pieces.</p><p>&nbsp;</p><p><br /></p><p><a href="http://eshop.moneteshop.com/store/product_info.php?cPath=166&amp;products_id=1287&amp;osCsid=e06f705100c766f63507d22c716db84b" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://eshop.moneteshop.com/store/product_info.php?cPath=166&amp;products_id=1287&amp;osCsid=e06f705100c766f63507d22c716db84b" rel="nofollow">http://eshop.moneteshop.com/store/product_info.php?cPath=166&amp;products_id=1287&amp;osCsid=e06f705100c766f63507d22c716db84b</a>[/QUOTE]</p><p><br /></p>

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