Spain 1870-SN M peseta (70)

from the Mountain Groan Collection

In 1868, the monarchy was overthrown. The old regime, marred by corruption and scandal and unable to quell rebellions in Catalonia and Cuba, was little mourned. The new government, unable to find a prince willing to accept the throne, established a republic and designed new coins. The system, reformed in 1850 and 1866, was reformed again to conform to the French model. The peso was reduced to 25 grams and set equal to five pesetas with each peseta divisible into 100 centimos. This system would prevail until the coming of the euro. This design was struck in in fairly large numbers in 1870 and 1873 but is very scarce in nice condition.

Recorded mintage: 1,503,872.

Specification: 5 g, 0.835 fine silver, .134 troy oz ASW.

Catalog reference: Cayón-17424, KM 653.

Source:

• 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.

Link to:

• 1866(m) 40 centimos
• 1868 10 escudos
• 1869 peseta
• 1870 centimo
• 1870 2 centimos
• 1870 5 centimos
• 1870 10 centimos
• 1870 20 centimos
• 1870 5 pesetas
• 1873 peseta
• Coins and currency dated 1870
• return to coins of Spain