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50 Liri Statue of Neptune
| Issuer | Central Bank of Malta |
|---|---|
| Year | 1972 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| Reference(s) | KM#18, Fr#48 |
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| Reverse description | A full-length standing figure of Neptune, modelled after a classical bronze statue, dominates the central field, the deity depicted holding an upright trident in his left hand while his right hand is lowered, standing upon a pedestal set above a stylised wave motif. The denomination £M 50 is inscribed to the left of the figure and the date 1972 to the right, the two elements flanking the statue in symmetrical composition. |
| Reverse script | Latin |
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| Additional information |
Malta's 1972 gold issues were produced to capitalize on the newly established republic's first flush of commemorative coinage programs following independence from Britain in 1964. The Neptune piece was part of a deliberate strategy by the Central Bank to generate foreign exchange through numismatic sales rather than circulation — these were never intended to pass through Maltese hands as currency.
The Fontana del Nettuno in Valletta, from which this issue takes its subject, was originally installed in 1615 during the reign of Grand Master Alof de Wignacourt.