Spain 1885-MS M 5 pesetas (87)

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Aureo sale 242, lot 435
from the Mountain Groan Collection
Spain 1887 5 pesetas rev DSLR.jpg
close up of the date

The first specimen shown was lot 435 in Aureo y Calicó sale 242 (Barcelona, March 2012), where it sold for 850 € (about US$1,320 including buyer's fee). The catalog description[1] noted,

"Alfonso XII (1874-1885). 1885*1887. MSM. 5 pesetas. Insignificantes golpecitos en canto. Bellísima, fondos brillo espejo y relieves mate. Muy rara así. S/C. (Alfonso XII, 1874-85, five pesetas of 1887, Tiny nicks on the edge, very handsome, mirror fields and matte reliefs, uncirculated, very rare thus.)"

The ouster of the monarchy in 1868 failed to bring stability to Spain. A short-lived republic yielded to the rule of Amadeo I, a prince from Italy who, finding nobody willing to listen to his suggestions, abdicated in 1873 and returned to Italy. In 1874, Isabel's son Alfonso was invited to assume the crown and coins were issued in his name. In 1869, 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 1882-87 in large fairly numbers and is fairly common in grades up to Very Fine; nice specimens are scarce and expensive. The actual date (1887) is shown in the tiny stars bracketing the date below the king's bust (see the fourth image).

Recorded mintage: 2,802,513.

Specification: 25 g, 0.900 fine silver, .723 troy oz ASW.

Catalog reference: Cayón-17518, KM 688, Cal. 42, Dav-341.

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.
  • [1]Sisó, Teresa, Eduardo Domingo and Lluís Lalana, Selección de 500 Monedas, Medallas y Billetes, Barcelona: Aureo y Calicó Subastas, 2012.

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