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Spain 1958 50 Pesetas

Spain

1958–1959

Reference data compiled from public catalogs

Market Price Range

$4.95$12.00$14.85

Based on 20 eBay listings · Prices vary by grade and condition

Estimated Melt Value

$26.85

Based on Silver spot price ($78.63/oz) · 90.0% purity · 11.8g

Updated 7:39 PM

Collector premium not included

Specifications

CountrySpain
Years Minted1958–1959
Composition90% silver, 10% copper
Weight11.8 g
Diameter29 mm
ShapeRound
EdgeReeded

Design

Obverse

The obverse features the portrait of Generalissimo Francisco Franco.

Reverse

The reverse depicts the Spanish coat of arms with the denomination and year.

History & Notable Facts

The 1958 50 Pesetas coin was struck from .835 fine silver to fund Spain's economic stabilization plan, a move that reflected the regime's push for industrial growth amid postwar recovery.

That silver content made it unusually heavy for a circulating coin of its era, weighing in at 11.5 grams and measuring 29 millimeters across. The obverse featured the Spanish coat of arms, while the reverse showed a pair of scales—symbolizing balance in more ways than one.

Exact mintage figures are murky; records from the Madrid mint during that period were often incomplete. Still, it's clear thousands entered circulation.

Some numismatists quip that this coin was as optimistic as the economy it represented.

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