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Gold Pesetas - Complete Set (Originals and Restrikes)
1897(62) SGV G100P RESTRIKE

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Obverse

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Reverse

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Coin Details

Set Details

Origin/Country:	SPAIN 1848 TO DATE
Design Description:	GOLD 100 PESETAS RESTRIKE
Item Description:	G100P 1897(62) SGV RESTRIKE KM708
Grade:	NGC MS 64
Owner:	JohnA

Winning Set:	Gold Pesetas - Complete Set (Originals and Restrikes)
Date Added:	4/15/2013
Research:	See NGC's Census Report for this Coin

Owner's Description

Mintage: 6,000.
NGC Census + PCGS Pop.: 43 total; 20 at MS-64, 8 higher.
Weight 32.25806 g. Purity 900 fine. Diameter 35 mm.
Gold content: 0.9334 ounce.
Portrait of Alfonso XIII engraved in July 1895 at age 9.

Counterfeits of this coin are seen occasionally. In the mid-to-late 1960s, government prohibitions on gold in several countries, particularly in Asia, led to a huge black market in smuggled gold. Part of this demand was met with gold bars, and part with gold coins that were minted, often by Western European private mints, to approximate authentic coins. Thus the 1897(62) 100 Pesetas coin came to be counterfeited with a particular faux die. Those counterfeits, which contain real gold, continue to surface in the marketplace, but they are easy to spot with a trained eye. Look for differences in the coat of arms such as the shape of the castle stones, or the position of the Aragón dots and stripes, or the inner linkages in the chain's center link, or the stems and shoots of the fleurs-de-lis; and differences in some numbers and letters, such as the 8 in 1897, the D in "DIOS," the P and the final S in "PESETAS," and the tilde of the Ñ in "ESPAÑA." Also, the denticles around the rim, both front and back, are narrower in the counterfeit, wider in the authentic. And authentic coins have 152 denticles around the reverse rim, whereas counterfeit coins have 148 denticles. (Both authentic and counterfeit coins have 148 denticles around the obverse rim.) Authentic restrikes used only the original 1897 dies. There are NO authentic die variations. You can view high-resolution photographs of a counterfeit at Heritage Auctions online, Search Auction Archives, search "Spain 100 pesetas gold," go to Lot 25760, which is a counterfeit. Compare Lot 25760's photographs to photographs of any of twenty-plus other 100-peseta lots that show authentic coins.