Spain 1869-SN M 50 centimos (69)
The first specimen was lot 10712 in Ponterio sale 169 (Baltimore, November 2012), where it sold for $558. The catalog description[1] noted, "SPAIN. 50 Centimos, 1869-SNM. NGC MS-61. Patchy dark toning with underlying luster. From the Demarete Collection." The early coinage of Spain is familiar: 8 reales = 1 peso; 2 pesos = 1 escudo. During the Napoleonic period, the real was devalued such that one peso = 20 reales de vellon. This was reformed in 1850 and again in 1864. In 1869, with the collapse of the monarchy, the reales, pesos and escudos were dropped in favor of centimos and pesetas conforming to the Latin Monetary Union. This silver fifty centimos, struck in Madrid in 1869-70, is normally found in low grade.
Recorded mintage: 453,000.
Specification: 2.5 g, 0.835 fine silver, reeded edge.
Catalog reference: KM-651; Cal-type-6#18; Cayón-17420.
- Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, 2 volumes, Madrid: Cayón-Jano S.L., 2005.
- Calicó, Xavier, Numismática Española: Catálogo General con Precios de Todas las Monedas Españolas Acuñadas desde Los Reyes Católicos Hasta Felipe VI, 1474 a 2020, Barcelona: Aureo & Calicó, 2019.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
- [1]Ponterio, Richard, Ponterio sale 169: The November 2012 Baltimore Auction, Irvine, CA: Stack's Bowers, LLC, 2012.
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