minting error on 500 pesetas - 1989 ?

Discussion in 'Error Coins' started by ladycat, Apr 1, 2014.

  1. ladycat

    ladycat New Member

    I have got a couple of 500 pesetas coins (Spain), both dated 1989.
    Although appearing as the common '500 pesetas' coin, at a closer look one (left side in the picture) shows tiny differences in the faces of both king and queen (in particular, king's mouth, nose and chin show little differences from standard). I have checked several numismatic websites and found no news about these differences. Experts from CoinQuest, who have checked a picture of the unusual coin, confirmed that it looks different, but they have no records of minting errors on this coin. As far as they know, the image of the royal couple was changed only a few years later. Does anyone know if this error has been encountered in other 500 pesetas coins? Is this a minting error or an early trial of the later change?
     

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  3. Conder101

    Conder101 Numismatist

    Almost looks like a counterfeit.
     
  4. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    Hello Ladycat. Nice coin especially the reverse image with the Spain escudo.. meaning shield. Could be a few things. 1) a worn die that was used numerous times 2) a slight struck through cloth.. when a piece of cloth gets caught between the planchet and the die 3) Or just and old worn coin that went through many pockets. By the way Hispanics use the term PESETA when referring to an American quarter. http://es.wikipedia.org/wiki/Archivo:1989_500_Pesetas.jpg
     
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  5. ladycat

    ladycat New Member

    Hello paddyman. I am not an expert, but it doesn't look line an old worn coin. For sure it has been circulating for some time, but it is in good shape with a clear image on both sides and on the border (where there are symbols too). In case it falls in case 1) or 2), do you think it may have any value for collectors?
     
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