Spain 1897-SG V 100 pesetas (62)
This specimen was lot 54443 in Stack's Bowers NYINC sale (New York, January 2024), where it sold for $2,400. The catalog description[1] noted, "SPAIN. 100 Pesetas Restrike, "1897-SG V" (1962). Madrid Mint. Alfonso XIII. PCGS MS-65. A shimmering honey-gold specimen bearing bright satiny luster and very little in the way of surface marks or hits." The early coinage of Spain is familiar: 8 reales = 1 peso; 2 pesos = 1 escudo. During the Napoleonic period, the real was devalued such that one peso = 20 reales de vellon. This was reformed in 1850 and again in 1864. 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 one hundred pesetas, originally struck in 1897, matches the contemporary French 100 francs. Small numbers of restrikes, including the one shown here, were issued in 1961-62.
Recorded mintage: 6,000.
Specification: 32.26 g, 0.900 fine gold, .933 troy oz AGW.
Catalog reference: Cayón-17930, Fr-347; KM-708; Cal-2.
- 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.
- Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
- [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, January 2024 NYINC Auction, featuring the Emilio M Ortiz Collection and a Symphony of Russian Rarities, the Rothschild-Piatigorsky Collection, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2023.
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