Spain 1878-OM 10 centimos
The first specimen shown was lot 2443 in Aureo y Calicó sale 232 (Barcelona, March 2011), where it sold for 87 euros (about US$144 including buyer's fee). The catalog description[1] noted,
"1878. Barcelona. OM. 10 céntimos. EBC. (Ten centimos of 1878, Barcelona mint, extremely fine.)"
The second specimen was lot 2459 in Goldberg sale 106 (Los Angeles, September 2018), where it sold for $204. The catalog description[2] noted, "Spain. 10 Centimos, 1878-OM. Alfonso XII. Trace of mint red. PCGS graded MS-64 Brown." This Spanish ten centimos was part of the third decimal reform of 1870. In 1850, the 20 reales was reduced to 26.91 grams. This having proven unsatisfactory, the coinage was reformed again in 1864. The 20 reales was dropped in favor of a two escudos silver coin, reduced to 25.96 grams. One hundred centimos = one escudo. By the reform of 1870, the revolutionary government adopted the standard of the Latin Monetary Union, where one peseta = one French franc and five pesetas = 25 g of silver, 0.900 fine. The peseta remained in use (tho it ceased to be silver in the 1930's) until the adoption of the euro in 2001. This type was struck in large numbers at Barcelona 1877-79 yet is rare in nice condition.
Recorded mintage: 68,740,000.
Specification: bronze.
Catalog reference: Cayón-17482, Cal. 68, KM 675.
- 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 Juan Carlos I, 1474 a 2001, Barcelona: Aureo & Calicó, 2008.
- [1]Sisó, Teresa, Eduardo Domingo and Lluís Lalana, Selección de 500 Monedas, Medallas y Billetes, Barcelona: Aureo y Calicó Subastas, 2011.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
- [2]Goldberg, Ira, Larry Goldberg, John Lavender, Yifu Che, Jason Villareal and Stephen Harvey, Goldberg Sale 106: the Pre-Long Beach Auction, Los Angeles: Goldberg Coins and Collectibles, 2018.
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