Live auction - fwo_570864 - SPAIN 2 Pesetas “ESPAÑA” (18-73) 1870 Madrid

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AU55

Estimate :	110 €
Price :	87 €
Maximum bid :	102 €
End of the sale :	28 April 2020 19:11:32
bidders :	2 bidders

Type : 2 Pesetas “ESPAÑA” (18-73)

Date: 1870

Mint name / Town : Madrid

Quantity minted : 11880000

Metal : silver

Millesimal fineness : 835 ‰

Diameter : 27 mm

Orientation dies : 6 h.

Weight : 9,74 g.

Edge : striée

Slab

PCGS : AU55

Coments on the condition:

La monnaie est sous coque PCGS AU55

Catalogue references :

KM.19/654

Obverse

Obverse legend : * ESPAÑA * / 1870.

Obverse description : allégorie de l’Espagne tenant un rameau.

Reverse

Reverse legend : 100 PIEZAS EN KILOGRAMO / D.E. 2 PESETAS .M..

Reverse description : écu couronné écartelé de Castille, de Léon, d'Aragon, de Navarre, enté en pointe de Grenade ; entre les colonnes d’Hercule.

Commentary

En 1868, Isabelle II abdique en faveur de son fils, Alphonse XII. Mais, les Cortes prononcent la déchéance de la maison de Bourbon. Le 19 octobre 1868, le ministre des finances du gouvernement provisoire signe le décret de création de la Peseta espagnole. En 20 ans, il s’agit du quatrième système monétaire, mais celui-ci restera en vigueur jusqu’en 2002.
In 1868, Isabella II abdicated in favor of her son, Alfonso XII. However, the Cortes declared the House of Bourbon deposed. On October 19, 1868, the Minister of Finance of the Provisional Government signed the decree creating the Spanish Peseta. This was the fourth monetary system in 20 years, but it remained in effect until 2002.