Which "y" in Italic minuscules is considered the correct way to write it?

In Italic minuscules, the letter "y" can have a few stylistic variations, and both examples you are presented with can be acceptable in different contexts. The formation of the letter "y" in Italic tends to be fluid, reflecting the cursive style that is characteristic of Italic calligraphy.

Often, the main criteria for the accuracy of "y" in Italic script include maintaining a graceful flow and ensuring the descender (the part of the letter that extends below the baseline) is formed correctly. Both forms of the letter "y" might emphasize different stylistic nuances. For example, one may have a more pronounced loop or a different curvature in the tail, while still adhering to the fundamental principles of Italic writing. This artistic flexibility allows for personal expression in calligraphy, making both examples valid.

Different calligraphers might prefer one style over the other based on their individual techniques and interpretations of Italic script. Therefore, recognizing that both examples can exist within the broader context of calligraphic practices illustrates why them both being labeled as correct is valid.