Spain 1897-SGV 100 pesetas (97)

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Eliasberg lot 2140
Spain 1897 100 pesetas rev Eliasberg 2140.jpg
This specimen was lot 2140 in the Eliasberg sale, where it sold for $3,220. The catalog description[1] noted,
"1897 SG 100 pesetas. Valencia mint. MS-61 (NGC). 1897 star date. Young Head of Alfonso XIII to right, legends and date around/ crowned arms and pillars, legends and denomination around. Lustrous medium gold with reflective fields and trivial signs of handling. A popular and substantial one year type."
The early coinage of Spain is familiar: 8 reales = 1 peso; 2 pesos = 1 escudo. During the Napoleonic period, the real was devalued such that one peso = 20 reales de vellon. This was reformed in 1850 and again in 1864. In 1870, with the collapse of the monarchy, the reales, pesos and escudos were dropped in favor of centimos and pesetas conforming to the Latin Monetary Union. This one hundred pesetas, struck in Madrid (not Valencia) in 1897, matches the contemporary French 100 francs. Small numbers of restrikes were issued in the 1960's. The only other gold coin of Alfonso XIII is a rare 1904 20 pesetas (KM 724) with an older bust of the king than shown here.

Recorded mintage: 150,000.

Specification: 32.26 g, .900 fine gold, .933 troy oz AGW; this specimen: 32.32 grams, 34.90 mm.

Catalog reference: Cayón-17656, KM 708, Fr-347, C&C-20097.


  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
  • 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]Kraljevich, John, John Pack, Elizabeth O. Piper and Frank Van Valen, The Louis E. Eliasberg, Sr., Collection of World Gold Coins and Medals, Wolfboro, NH: American Numismatic Rarities, 2005.

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