One of the first precious metal coins to be launched by the Italian mint IPZS (Istituto Poligrafico E Zecca Dello Stato) has launched and it celebrates one of Italy’s favourite sons, Enzo Ferrari. Born in 1898 and dying ninety years later, Enzo Ferrari was one of the greatest names to ever grace the automotive world. There are very few figures in motoring to hold the level of admiration captured by this man, and those that don’t know the man, certainly know the surname, now considered about the most powerful brand in the world.
The coin has been released as part of the Europa Star programme. Struck in 22g of sterling (0.925) silver, it’s definitely focused on the man and not his work, there being no sign of a car, road or racing, anywhere on it. The reverse carries a portrait of Enzo Ferrari in later life, next to which is a horse rampant, the basis for one of the most famous logo’s in the world. His name, the denomination, and the date are also inscribed on the reverse face. The obverse has a female face representing Italy encircled by a five-pointed star with details from the coat of arms of the Italian Republic: a cogwheel, oak and olive branches. Above, between two points of the star, a towered crown; below, the logo of the Europa Star Programme and the name of the designer “COLANERI” (Maria Carmela Colaneri); below, on the right, “R”, identifying the Mint of Rome; around, “REPUBBLICA ITALIANA”
As a design we like the obverse, but as a car nut, would like to have seen a more dynamic design on the reverse face. The point is to celebrate the man rather than the machines, so no doubt we’re all better off that the mint is designing the coin and not me. Thankfully free of colour, many mints would’ve plastered red paint all over it, it’s a good one for the Ferrari afficionado, something the world is full of. Available to order now, the IPZS price for one of the 8,000 coins to be minted is €60.00. Demand will determine if the price is higher or lower at aftermarket dealers.