20 Lire - Pavlvs VI Confidence in the Lord

The 1975 Vatican coinage was issued as part of the Holy Year — Anno Santo — declared by Paul VI, one of only a handful of Jubilee years to fall during his fifteen-year pontificate. Vatican mint output during Holy Years typically rises sharply to meet pilgrim demand for sets, and 1975 was no exception, with the full annual proof and uncirculated sets heavily oriented toward the collector market rather than circulation.

Paul VI had by this point largely withdrawn from public appearances following the 1970 attempt on his life in Manila.