Bank.notes

Collection Italy #709

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500 Lire ITL

Italy 1946_1989 F P-P-93 AI extracted ✦ AI 92%
Front · IMG_6734.jpeg cropped
Back · IMG_6735.jpeg cropped
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Identity

Where & when

Country Italy
Currency ITL
Denomination 500 Lire
Series name Mercury series
Series year
Issue year
Era 1946_1989
Legal status demonetized
Predecessor currency
Successor currency Euro
Subjects & design

What's on the note

Front portrait Mercury
Reverse subject Head of Mercury
Watermark Head of Mercury in profile
Color palette #d4c5a0,#7fa895,#3d5a4a
Themes mythology,science
Language / script Latin

Front: Allegorical representation of Galileo Galilei's astronomical and scientific work, featuring his celestial maps and diagrams of the heavens. The left panel displays a double-hemisphere celestial chart showing the zodiac constellations and planetary systems, representing Galileo's revolutionary contributions to astronomy including his telescopic observations that confirmed heliocentric theory. The right side features a Renaissance-era Venetian architectural scene with cypresses and scientific instruments, symbolizing Italy's leadership in Renaissance science and the Age of Discovery. This design type honors Italian scientific achievement during the height of the Scientific Revolution in the 16th-17th centuries.

Back: Head of Mercury (Roman god Mercurius), messenger of the gods and patron of commerce, travelers, and communication, shown in classical profile facing left. Mercury was chosen as the symbol for this banknote series to represent the movement of money and trade in the modern Italian economy. The head is rendered in Renaissance sculptural style, linking ancient Roman heritage with Italy's artistic tradition. The denomination 500 appears prominently at center, with 'CINQUECENTO' (five hundred) and 'REPUBBLICA ITALIANA' indicating the issuing republic. Designer E. Vangelli's signature appears at lower right.

Production

How it was made

Issuer Banca d'Italia
Issuer (native) Banca d'Italia
Printer Istituto Poligrafico e Zecca dello Stato
Engraver E. Vangelli
Material paper
Dimensions (mm) 157x73

Signatures: Il Direttore Generale: [signature]; Il Cassiere Speciale: [signature]; Il Vice Capo Servizio per la Corte dei Conti: [signature]

Security features: intaglio,microprint

Geography

Italy in Europe

Italy in Europe. Other countries on the same continent shown in muted grey.

The story

Background & history

This 500 Lire note belongs to the Mercury series issued by the Banca d'Italia from 1966 to 1979, replacing earlier designs. The decree dates printed on the front read 'DECR. MIN. 24 OTTOBRE 1963 e 19 SETTEMBRE 1977', indicating the ministerial decrees authorizing the note. This design celebrated Italian scientific and cultural heritage during the post-war economic boom (miracolo economico). The Italian Lira was replaced by the Euro on 1 January 2002, with a transition period ending 28 February 2002 when Lire notes ceased to be legal tender. The 500 Lire denomination was a mid-value note in circulation during this period, widely used for everyday transactions. Serial number U14 603997 visible on the reverse.

Catalogue

Collector references

Pick # P-93
Krause ID
Rarity tier common
Series range 1966–1979
Provenance

How it came to me

Acquired date
Acquired from
Acquired price
Currency
Condition
Grade F
Serial number U14 603997
Serial prefix U14

Significant circulation wear, multiple vertical and horizontal folds, edge wear and discoloration throughout, some staining and soiling consistent with extended circulation. Paper remains intact with no tears.

Valuation

What it's worth now

$2–$5
Type default range $2–$5
Valuation history (1)
datelowhighcurrencysourcenote
2026-05-10 09:34:39 2.0 5.0 USD ai from claude-sonnet-4-5
Technical

History & extractions

AI extractions (1)
anthropic · claude-sonnet-4-5 2026-05-10 09:34:39
status: ok · step 1 · $0.0420 · 7397↓ + 1318↑ tokens
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