Spain 1891-PG M 5 pesetas (91)
This specimen was lot 10715 in Ponterio sale 169 (Baltimore, November 2012), where it sold for $253. The catalog description noted, "SPAIN. 5 Pesetas, 1891. PCGS MS-62 Secure Holder." In 1885, Alfonso XII of Spain 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 are scarce and expensive.
Recorded mintage: 11,660,000.
Specification: 25 g, .900 fine silver, reeded edge.
Catalog reference: KM-689, Dav-342.
- Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
- Ponterio, Richard, Ponterio sale 169: The November 2012 Baltimore Auction, Irvine, CA: Stack's Bowers, LLC, 2012.