Pexels, FreePik: cookie_studio, Wallapop If You Have This Old Spanish Coin You Can Quit Working: It's Worth a Fortune
This specimen of the ancient 19th-century pesetas stands out for its history and its great value in the market.
The world of collecting is one of the most exciting. On many occasions, several coins have positioned themselves as the most sought-after thanks to their high value.
Among them, a coin from the old pesetas stands out as something very special. Minted in the 19th century, it is part of our history, which has made it one of the most sought-after. Many collectors fight over it.
This Is the Old Coin That Retires You Instantly
The 100 pesetas coin from 1870 is one of the most desired pieces in the world of numismatic collecting. Its rarity, historical value and design have made it a treasure for enthusiasts of old coins.
Minted in 1870 during the Provisional Government that followed the Glorious Revolution of 1868, this coin represents a period of transition in Spain after the fall of Isabel II. This political context adds significant historical value, reflecting a time of changes and reforms in the country.
On the obverse, it features an effigy symbolizing national sovereignty, while on the reverse it shows the official monarchical coat of arms of the time. This design not only reflects the artistic richness of the period but also the political and social situation of Spain at that time.
The Value of This Highly desired Old Coin
The 100 pesetas coin from 1870 stands out for its technical and aesthetic specifications. It is made of high-purity gold and has a diameter of 1.42 in. (36 millimeters) and a weight of 1.14 oz. (32.25 grams). Thanks to all these details, its value has skyrocketed.
In 2016, during an auction organized by Soler & Llach, one of these coins reached a sale price of 150,000 euros, starting from an initial price of 130,000 euros. This fact demonstrates the high interest and willingness of collectors to invest considerable sums to obtain this numismatic jewel.
One of the factors that increases the value of this coin is its extreme rarity. It is estimated that only twelve specimens were minted, making it an extremely scarce piece sought after by collectors worldwide. This limited production, combined with its historical relevance, has elevated its valuation in the numismatic market.
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