Spain 1881-MS M peseta (81)
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This specimen was lot 35355 in Ponterio sale 177 (Chicago, August 2013), where it did not sell. The catalog description[1] noted, "SPAIN. Peseta, 1881(81)-MSM. NGC EF-40. Key date." In 1870, 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 peseta, struck in Madrid in 1881-85, matches the contemporary French silver franc down to the odd .835 alloy. Tho not rare in low grade, the catalog price in extremely fine is ten times the price in very fine.
Recorded mintage: 799,000.
Specification: 5 g, 0.835 fine silver, .134 troy oz ASW.
Catalog reference: Cayón-17489, KM-686; Cal-46.
- 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 177: The August 2013 Chicago ANA Auction, World Coins, Irvine, CA: Stack's Bowers, LLC, 2013.
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