Spain 1864 40 reales 8 point star

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Aureo sale 233, lot 537
The specimen shown was lot 537 in Aureo y Calico sale 233 (Barcelona, April 2011), where it sold for 4,000 euros (about US$6,640 including buyer's fee). The catalog description[1] noted,
"1864. Barcelona. 40 reales. Insignificantes rayitas. Bella. Brillo original. Rarísima y más así. EBC/EBC+. (Forty reales of 1864, Barcelona mint. Tiny marks, nice, original luster, very rare thus, choice extremely fine.)"
This type was struck in Barcelona and Madrid 1861-64. Instead of the traditional mintmarks the issues are distinguished by six or eight pointed stars on the reverse (for Madrid 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 but rare date.

Specification: 3.33 g, .900 fine gold, .097 troy oz AGW (matches the old one escudo).

Catalog reference: KM 616.1, Cal. 101.

Sources:

  • Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, 2 volumes, Madrid: Cayón9-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, COLECCIÓN ANASTASIA DE QUIROGA, Barcelona: Aureo y Calicó Subastas, 2011.
  • Krause, Chester L., and Colin R. Bruce II, Standard Catalog of World Coins: Spain, Portugal and the New World, Iola, WI: Krause Publications, 2002.

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