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500 Lire Italian Presidency of the E.E.C. Council
| Issuer | Istituto Poligrafico e Zecca dello Stato |
|---|---|
| Year | 1990 |
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| Value | 500 Lire (500 ITL) |
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| Obverse description | Left-facing draped bust of Italia, depicted as a classical female allegory with softly waved hair adorned with a laurel sprig, a small olive branch with berries positioned below the neck truncation. The engraver's signature U. PERNAZZA appears beneath the bust, with a small five-pointed star at the bottom of the field. The circular legend REPVBBLICA ITALIANA runs along the upper and lateral periphery in raised relief. |
|---|---|
| Obverse script | Latin |
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| Additional information |
Italy held the rotating presidency of the European Economic Community Council in the second half of 1990, a tenure that coincided with one of the most turbulent moments in modern European history — German reunification occurred in October of that year, forcing the EEC into immediate political and economic recalibration. The Italian presidency was instrumental in advancing the Intergovernmental Conferences that would ultimately produce the Maastricht Treaty the following year.
KM#137 was struck for collectors rather than circulation, though the .835 silver composition places it within the long-running Italian commemorative silver series that stretches back to the republic's early issues.