1957 Spain 5 Ptas

Discussion in 'World Coins' started by cherylkubucko, Dec 21, 2007.

  1. cherylkubucko

    cherylkubucko Grandma Froggie

    Here goes

    I was looking up this coin, Spain 1957 , 5 PTAS

    A story, about some numbers in the star on the reverse side, that makes the coin worth alot.
    Has anyone heard of this ?
    Thanks Cheryl
     
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  3. CoinGal07

    CoinGal07 Still Collecting

    Yes ~ the star on the reverse displays the true year the coin was released to determine the accurate mintage. If it is a low mintage year the coin has more value.
     
  4. cherylkubucko

    cherylkubucko Grandma Froggie

    The number is 66.
    Thanks Cheryl
     
  5. bart

    bart Senior Member

    1966 is a common year. When you'd have a 1963, it would have been worth something more. The real star of this series is a 5 pesetas where the star has been replaced with the letters BA. The BA-coins were issued to commemorate the 1958 2nd Ibero-American Numismatic Exposition in Barcelona. An estimated 43,000 were struck.
     
  6. cherylkubucko

    cherylkubucko Grandma Froggie

    Thanks
    Interesting Story
     
  7. CoinGal07

    CoinGal07 Still Collecting

    Thanks Bart - I'd been drafting a similar response that included the irony of why the 63 is considered more valuable than the 66 even though there are some lower mintage years that are considered of little or no value. It always amazes, disappoints and then encourages me on how world coins with low mintage command such lower values than similar US coins. But it's all about supply and demand. If you needed that 66 to complete your set it would be worth more ~ all about the exchange. I love those coins though, each of them is always a breath holder as you turn them over to determine which is the correct year. The 1 Pesetas are really challenging because they're so tiny.
     
  8. cherylkubucko

    cherylkubucko Grandma Froggie

    Here is my 1957(1966)
    What is the price on the coin?
     

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  9. Leematherson247

    Leematherson247 New Member

    I have a 1957 five ptas and is has 59 on the star. What's it worth
     
  10. chrisild

    chrisild Coin Collector

    Hardly anything, I am afraid. Back in those years, the Spanish Mint differentiated between the "authorization date" (in your case 1957) and the production date (in your case 1959). More than 100 million pieces with that combination were minted ...

    Christian
     
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