Spain 1877-DE M 5 pesetas (77)
The ouster of the monarchy in 1868 failed to bring stability to Spain. A short-lived republic yielded to the rule of Amadeo I, a prince from Italy who, finding nobody willing to listen to his suggestions, abdicated in 1873 and returned to Italy. In 1874, Isabel's son Alfonso was invited to assume the crown and coins were issued in his name. 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 was struck 1877-81 in large fairly numbers and is fairly common in grades up to Very Fine; nice specimens are scarce and expensive.
Recorded mintage: 6,987,000.
Specification: 25 g, .900 fine silver, .723 troy oz ASW.
- 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.