Spain 1888-MP M 5 pesetas (88)
This specimen was lot 3356 in UBS sale 83 (Zurich). In 1885, Alfonso XII died young of tuberculosis, leaving a posthumous son who was crowned Alfonso XIII. In 1869, the peso was reduced to 25 grams and set equal to five pesetas with each peseta divisible into 100 centimos. This system would prevail until the coming of the euro. This design, issued while the king was an infant, was struck in large numbers 1888-92 and is fairly common in grades up to Very Fine; nice specimens like the one shown are scarce and expensive. The catalog notes a rare variety with assayer MS instead of the MP shown here.
Recorded mintage: 10,644,000.
Specification: 25 g, .900 fine silver, .723 troy oz ASW.
Catalog reference: KM 689, Dav-342.
- 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.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
- Davenport, John S., European Crowns and Talers, Since 1800, 2nd Ed., London: Spink & Son, 1964.