The Beginning, History, and End of the Spanish Peseta
Spanish Provisional Government

Obverse:

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Reverse:

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Coin Details

Origin/Country: SPAIN 1848 TO DATE
Item Description: 10C 1870 OM
Full Grade: NGC MS 64 BN
Owner: coinsbygary

Owner Comments:

The bronze Spanish Provisional Government 10-centimos coin is 30 mm in diameter and weighs 10 grams. It has a mintage of 170,088,104 and like all the other bronze coins were struck in Barcelona, Spain.

Once a dominant world power, Spain’s influence around the world and in Europe had already begun to decline by the beginning of the 19th Century. Napoleon's occupation of Spain early in the century led to a fierce war for independence by Spain’s nationalists. Seizing on the opportunity presented by Spain’s troubles at home, many of Spain’s new world colonies declared their own independence.

After the death of King Ferdinand VII in 1833, Queen Isabella II’s uncle, Infante Carlos, challenged her succession to the throne. This led to the First Carlist War (1833-39) between the followers of Carlos and those loyal to Maria Christina serving as Isabella IIs regent. In the end, the loyalty of Spain’s army to Maria Christina and Isabella II proved decisive in Isabella II staying on the throne.

By the middle of the century, there had already been a number of civil wars in the political struggle for control of Spain. When Isabella II came of age and began to govern, her capriciousness and ineptitude made her unpopular as a sovereign. This, in turn, led to the Glorious Revolution of 1868 and Isabella’s removal from the throne. Two years of anarchy followed before the appointment of Italian Prince Amadeo I of Savoy to the throne in 1870.

Amidst this political instability and national glum, Spain needed the proverbial so-called shot in the arm to give her hope. I believe the design features of this coin does just that. The obverse of the Spanish Provisional Government 10-centimos coin along with the other bronze coins features a matronly national personification of Hispania seated on the Pyrenees Mountains with her feet towards the Mediterranean Sea. Hispania appears holding an olive branch in her right hand while outstretching her left arm down towards the sea. This represents sovereignty and peace. The key to this coin’s allegory in 1870 is that the sovereignty of Spain resided more with the people as represented by Hispania rather than the customary monarch.

The reverse of this coin features a rampant lion with his front paws resting on a shield reminiscent of Spain’s ancient kingdoms. The top left quarter of the shield represents the Kingdom of Castile, the top right Leon, the bottom left Aragon, the bottom right Navarre, and the pomegranate at the bottom, the Kingdom of Granada. The lion represents royalty, bravery, strength, and power as he looks over his shoulder in a manner that indicates he is defending Spain against her enemies, thus signifying security.

Unfortunately, it took some time for the symbolism of this coin to become reality. In 1873 Amadeo I abdicated from the throne after asserting that Spain was ungovernable. The First Republic of Spain followed this government and lasted only 23 months. Finally, in a bit of irony, the House of Bourbon returned to the throne in the person of Isabella’s son Alfonso XII on December 30, 1874. During Alfonso’s reign, Spain finally entered into a period of peace and prosperity towards the end of the 19th century.

In summary, the imagery on coins has the power to move and inspire people by reminding them through daily commerce of their national pride and heritage. With such high mintages, it is likely that these coins passed through the hands of most Spaniards on a daily basis.

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