Spain 1892-PG M 5 pesetas KM-689
In 1885, Alfonso XII of Spain died young of tuberculosis, leaving a posthumous son who was crowned Alfonso XIII. 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, issued while the king was an infant, was struck in large numbers 1888-92 and is fairly common in grades up to Very Fine; nice specimens are scarce and expensive. Five pesetas with the curly head bust are also known for 1892. The first specimen was lot 10716 in Ponterio sale 172 (Baltimore, November 2012), where it sold for $185. The catalog description[1] noted, "SPAIN. 5 Pesetas, 1892-PGM. NGC AU-58. Dark toned."
Recorded mintage: 1,294,000.
Specification: 25 g, 0.900 fine silver, .723 troy oz ASW.
Catalog reference: Cayón-17639, KM 689, Dav-342.
- 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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