Europa Press, Milan Markovic de Getty Images Signature Goodbye retirement pension: the 5 peseta coin that replaces it due to its value
This specimen of the old pesetas is already one of the most desired by collectors, as demonstrated by its price
Collecting coins has become much more than a hobby to pass the time. Nowadays, it's possible to find specimens that have greatly multiplied in value. In other words, they become the best investment.
This is what happens, for example, with a 5 peseta coin minted during Franco's era. Despite its nominal value now being less than 3 cents, the truth is that its price has skyrocketed.
This is the 5 peseta coin with which you don't need a retirement pension
The coin we're talking about, as we mentioned, is a 5 peseta coin minted during the Francoist dictatorship. Specifically, it dates back to 1957 and, today, it's one of the most valued in the market. This makes many collectors want it.
One of the main reasons this coin is so special lies in its scarcity. As numismatic experts indicate, a smaller batch was produced that year. Therefore, few specimens have reached our days.
This coin is made of cupronickel and has a diameter of 23 mm (0.91 inches). Additionally, another of its main characteristics is that it has a thickness of 1.5 mm (0.06 inches) and a weight of 5.75 grams (0.20 ounces). Currently, however, what draws attention is its high value.
This is the value of the most sought-after 5 peseta coin
What has most caught the attention of both experts and enthusiasts is the high price of this coin. On buying and selling pages and other specialized sites, it can be found for 95,000 euros. In other words, a very special figure capable of becoming the best solution for your retirement.
Meanwhile, recognizing this coin is easy. On one side appears the bust of the dictator with the legend: "FRANCISCO FRANCO CAUDILLO DE ESPAÑA POR LA G DE DIOS." On the other side, the Francoist shield appears with the inscription: "UNA, GRANDE Y LIBRE," the motto of the dictatorship.
It should be noted that, for this coin to have such value in the market, it must be in excellent condition. Therefore, it's most advisable to consult with a specialist and always ensure making a good investment.
More posts: