Spain Silver Coin Value 

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Silver coins were in regular circulation in Spain. The values below represent the intrinsic value of silver coins from Spain.

Spain silver coins that are in uncirculated condition, or that may be rare and collectible may also have numismatic value. You can use this table as a guide when buying and selling circulated silver coins from Spain.

The melt values are calculated and displayed in USD based on the today's silver spot price of $32.32 per troy ounce.

 
 
Denomination / Currency Years Minted Fineness Gross Weight (g) ASW (g) ASW (oz t) Melt Value
50 Centimos 1894- 1926 .835 2.5 2.09 .0671 $2.17
1 Peseta 1896- 1933 .835 5 4.18 .1342 $4.34
2 Pesetas 1905 .835 10 8.35 .2685 $8.68
100 Pesetas 1966 .800 19 15.20 .4887 $15.79

Spain Silver Coins

Introduction

The history of silver coins in Spain is rich and varied, reflecting the country's economic, political, and cultural developments over centuries. From ancient times through the modern era, silver coins have played a critical role in Spain's monetary system.

Ancient and Roman Period

Before the Roman conquest, Iberian tribes in the region that is now Spain used silver in trade, but it was the Romans who introduced a more formalized coinage system. The Roman denarius, a silver coin, became widely used throughout the Iberian Peninsula.

Medieval Era

During the medieval period, various Christian and Muslim kingdoms minted their own silver coins. Notable among these were the dirhams of Al-Andalus (Muslim Spain) and the dinars and maravedís of the Christian kingdoms such as Castile and Aragon.

The Spanish Empire and the Real

With the unification of Spain under Ferdinand and Isabella in the late 15th century, the real became the standard silver coin. The discovery of the New World brought vast quantities of silver from the Americas, particularly from mines in Bolivia (Potosí) and Mexico, which further solidified the real's dominance. The famous "Pieces of Eight" or Spanish dollars (8 reales) became the world's first global currency, used extensively in international trade.

19th and 20th Centuries

In the 19th century, Spain adopted the peseta as its official currency, which included silver coins. The peseta replaced the real in 1868. Silver pesetas and centimos were minted, but over time, the silver content was reduced due to economic pressures and the rising cost of silver.

During the 20th century, especially after the Spanish Civil War and World War II, silver coins gradually disappeared from circulation as Spain, like many other countries, shifted to base metal coinage. The peseta remained Spain's currency until the adoption of the euro in 2002.

Modern Collectibles

Today, historical Spanish silver coins are highly prized by collectors. The rich history and various designs from different periods make them fascinating artifacts. The Spanish government also issues commemorative silver coins, which are legal tender and celebrate significant events and figures from Spanish history.

Use this guide to determine the melt value of Spain silver coins.