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    Lire 500 Caravelle with Bandiere Controvento
    Editalia

    Lire 500 Caravelle with Bandiere Controvento

    For the first time in sixty years, Editalia and the Italian Mint have produced an unprecedented commemorative issue of the 500 lire coin with "upwind" flags, minted from the original 1957coinage. The original coinage was modified following a lively debate regarding the orientation of the ships’ flags in the wind compared with that of the sails: this immediately made them highly sought after by collectors.