Spain 1864 20 reales 6 point star

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Aureo sale 232, lot 2424
The specimen shown was lot 2424 in Aureo y Calico sale 232 (Barcelona, March 2011), where it sold for 112 euros (about US$185 including buyer's fee). The catalog description[1] noted,
"1864. Madrid. 20 reales. MBC-/MBC. (Twenty reales of 1864, Madrid mint, very fine.)"
This Spanish twenty reales was part of the first decimal reform of 1850-64. In 1850, the twenty reales was reduced to 26.91 grams. This having proven unsatisfactory, the coinage was reformed again in 1864. The twenty reales was dropped in favor of a two escudos silver coin, reduced to 25.96 grams. One hundred centimos = one escudo. Instead of the traditional "M" and "S" mintmarks the issues are distinguished by three, four, six, seven or eight pointed stars on the reverse (for Segovia, Jubia, Madrid, Seville and Barcelona). Unfortunately, the government, financially prostrate as usual, was unable to remint the old coins, which continued to circulate as before.

Recorded mintage: 2,776,000.

Specification: 26.91 g, .900 fine silver, .760 troy oz ASW.

Catalog reference: KM 609.2, Cal. 186, Dav-334.

Sources:

  • 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 Juan Carlos I, 1474 a 2001, Barcelona: Aureo & Calicó, 2008.
  • [1]Sisó, Teresa, Eduardo Domingo and Lluís Lalana, Selección de 500 Monedas, Medallas y Billetes, Barcelona: Aureo y Calicó Subastas, 2011.
  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.

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