Spain 1861 100 reales 7 point star
Spain is familiar: eight reales = 1 peso; two pesos = 1 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. This specimen was lot 1151 in Aureo y Calicó sale 246 (Barcelona, September 2012), where it sold for 330 € (about $501 including buyer's fees). The catalog noted,
"Isabel II (1833-1868). 1861. Sevilla. 100 reales. MBC+. (Isabel II, 1833-68, hundred reales of 1861, Seville mint. Choice very fine.)"This type was struck 1856-62 at Seville (shown here), Madrid and Barcelona. Instead of the traditional mintmarks the issues are distinguished by six, seven or eight pointed stars on the reverse (for Madrid, Seville and Barcelona). In 1850, the twenty reales was reduced to 26.91 grams and the copper maravedis dropped in favor of 1/20, 1/10 and 1/5 reales. Unfortunately, the government, financially prostrate as usual, was unable to remint the old coins, which continued to circulate as before. The coinage would be reformed a second time in 1866.
Recorded mintage: unknown.
Specification: 8.33 g, .900 fine gold, .241 troy oz ASW.
Catalog reference: KM 605.3, Cal. 39.
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- Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 7th ed., Clifton, NJ: Coin and Currency Institute, 2003.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
- Sisó, Teresa, Eduardo Domingo and Lluís Lalana, Subasta Numismática, Barcelona: Aureo y Calicó Subastas, 2012.