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 Replies: 8 / Views: 3,535 |
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New Member
Canada
16 Posts |
Hi folks New to the site. Got a surprise in a purchase of a bag of pre-1967 junk silver at an auction. Found an 1869 Spanish 1 oz. silver .9999 coin and a 1913 Panama Canal commemorative coin. I could not find any info on the Spanish coin, all I got was pesetos info and this is not pesato. Anyone able to assist? The Panama coin got me some info and a value of $125 to $175 in US funds. I'm in Canada, so wondering how to sell this and what expectations for price. Thanks in advance   |
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Pillar of the Community
United States
992 Posts |
The Panama is a nice piece. I'd take some good pictures, both sides, and put it on ebay for $75CDN and see what develops. No help with the Spanish piece, might be a token or medallion. |
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New Member
 Canada
16 Posts |
Went to a local coin retailer about the 1869 Spanish silver coin. It's not really a "coin", it's 1 oz. silver bullion in coin form. He gave me a book and told me look it up myself.
I looked and although I found a very close resemblance in an 1869 Spanish $5 Peseto, there was no listing for this particular one.
The dealer, bless his heart, offered to take it off my hands for the silver content value.
So I'm still hunting for some thread of info to identify it and why it is not listed in the World Coin book.
Any ideas where to search next? I tried to blow up the picture so the tiny writing on the obverse at the bottom would show. It states 9.999 1 oz.
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New Member
Canada
16 Posts |
BTW, the Panama medallion is #587.
A low number, considering they minted 50,000 of them before sending them through the canal on the first ship to traverse it. I'm thinking a dignitary must have gotten it, given the low production number.
And the front of the silver coin is identical to other Spanish coins in that same time period (reclining woman with olive branch).
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Pillar of the Community
United States
992 Posts |
The silver round is a copy of the 5 Peseta piece without the denomination. It's always worth melt value !
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New Member
Canada
16 Posts |
Well, that's true, Pax, that the Spanish coin is always worth the silver content, so in that sense I can't lose.
On the other hand, what is different from the $5 peseta is that the peseta does not have the silver grade and content inscribed on the reverse, like my coin does.
I found a picture online using Google search of the same Spanish 1 oz. 9.999 coin as I have, so at least I know there's another one out there.
Now if only a deep-pocketed collector with knowledge would look me up.
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New Member
Canada
16 Posts |
Still no luck on the Espana silver bullion coin. Anyone know of a reputable place that might have knowledge, or can estimate the price of the 1 oz. .9999 spanish coin?
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Valued Member
United States
262 Posts |
After Queen Isabel II was ousted in 1868 Spain established a provisional government which struck, among other coins, a 5 peseta coin in 0.900 fine silver weighing 25.0 grams dated 1869 or 1870. There was also a medal struck during this period which has no denomination and instead has the reverse legend SOBERANIA NACIONAL GOBIERNO PROVISIONAL.
Although the image you provided of the reverse is a bit fuzzy, I can see no legends on the reverse. Since both the coin and medal mentioned above have prominent legends on the reverse your item does not appear to match either of the two items described above.
You mention it is 0.9999 silver. Does it actually state that anywhere on it? If, in fact, it actually states 0.999 or 0.9999 silver on it then it is almost certainly a modern incarnation and most likely valued solely for its bullion content.
Hope this helps
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New Member
United States
1 Posts |
I have one of these "coins" also. I have no idea what it is worth. Please let me know if you find out.
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Replies: 8 / Views: 3,535 |
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Posted 03/23/2016 4:36 pm
