Let’s take a fascinating journey through the history and changing value of Spain’s 5 peseta coins minted between 1939 and 1975. Known as “un duro” in Spain (meaning “hard coin”), these coins have become highly sought-after by collectors. But how has their value evolved over time? Let’s find out!
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The 5 Peseta Coin and Its Importance
For nearly 40 years, there was only one ruler of Spain, and his image was on every 5 peseta coin used throughout the country. These coins were part of everyday life, often found in people’s pockets or bags.
The Value of 5 Peseta Coins Over Time
While some of these coins are worth a lot today, not all of them have appreciated in value. Coins from 1949, featuring the stars ’19-49,’ were produced in large quantities. Because they’re quite common, they usually sell for no more than 20 euros (about $22).
However, some variations are much rarer, such as coins featuring stars ‘19-51’ and ‘19-52,’ and they are more valuable. Collectors search for these unique differences because a coin’s rarity is the key to its real value.
What’s the Most Valuable 5 Peseta Coin?
While many 5 peseta coins from 1949 and 1950 sell for just 5 to 20 euros, there are a few rare ones worth much more. In fact, three particular coins are valued at over 30,000 euros each!
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Record-Breaking Auction
In 2011, a rare 5 peseta coin sold for an astonishing 36,000 euros at an auction held by Cayón Subastas. This coin was from 1949, featuring the stars ‘19-52,’ and was in perfect, uncirculated condition.
Historical Significance
The history behind these valuable coins adds to their appeal. Experts from the Coleccionistas de Monedas explain that switching the coin’s composition from silver to nickel was a major historical event. Coins from 1949 and 1950, marked with three stars, hold significant value due to their rarity.
Ethan is a passionate rare coin collector with years of experience uncovering the stories and history behind unique coins. His insightful articles are a go-to for anyone curious about coin values or their fascinating backstories.