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
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.
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.
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.
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