Spain 1905-SM V 2 pesetas (05)

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CNG Lissner sale, lot 1011
from the Mountain Groan Collection
Spain 1905 2 pesetas rev DSLR.jpg

The first specimen was lot 1011 in Classical Numismatic Group's sale of the Lissner Collection (Chicago, August 2014), where it sold for $84.70. The catalog description[1] noted, "SPAIN, Reino de España. Alfonso XIII. 1886-1931. AR 2 Pesetas. Madrid mint. Arturo Sandoval, Miguel Martínez Fraile, and Remigio Vega Vega, assayers. Dated 1905 (19 05 en estrellas) SM V. In NGC encapsulation graded MS 65. Blast white choice BU with just a hint of edge patina. One year only type." The early coinage of Spain is familiar: eight reales = one peso; two pesos = one escudo. During the Napoleonic period, the real was devalued such that one peso = twenty 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 silver two pesetas, struck in Madrid in 1905 only, matches the contemporary French silver two francs down to the odd .835 alloy. It was the first two pesetas issued since 1894 and the last silver two pesetas.

Recorded mintage: 3,589,000.

Specification: 10 g, 0.835 fine silver, the first specimen Ø27 mm, 10.06 g, 6h axis.

Catalog reference: Cayón-17632, KM 725, Y-95.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • 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.
  • [1]Teller, M. Louis, and Victor England, Jr., The Richard Lissner Collection, Lancaster, PA: Classical Numismatic Group, 2014.

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