V1500 Cygni or Nova Cygni 1975 was a bright nova occurring in 1975 in the constellation Cygnus. It had the second highest intrinsic brightness of any nova of the 20th century, exceeded only by CP Puppis in 1942.

A variable star is a star whose brightness as seen from Earth changes with time. This variation may be caused by a change in emitted light or by something partly blocking the light, so variable stars are classified as either:Intrinsic variables, whose luminosity actually changes; for example, because the star periodically swells and shrinks. Extrinsic variables, whose apparent changes in brightness are due to changes in the amount of their light that can reach Earth; for example, because the star has an orbiting companion that sometimes eclipses it.