Issued as part of Italy's ongoing themed collector series honoring the national armed forces, this piece commemorates the Aeronautica Militare, which marked its centenary in 2023 — founded in 1923 as one of the world's first independent air forces. The Regia Aeronautica, as it was originally constituted, separated from army and naval aviation at a moment when most powers still embedded air units within existing branches.
The IPZS collector five-euro silver series has run across multiple denominations and subjects since the early 2000s, with face values that bear no practical relation to circulation.
Issued as part of Italy's ongoing themed collector series honoring the national armed forces, this piece commemorates the Aeronautica Militare, which marked its centenary in 2023 — founded in 1923 as one of the world's first independent air forces. The Regia Aeronautica, as it was originally constituted, separated from army and naval aviation at a moment when most powers still embedded air units within existing branches.
The IPZS collector five-euro silver series has run across multiple denominations and subjects since the early 2000s, with face values that bear no practical relation to circulation.