Do you have it at home? Up to 250,000 euros come to pay for this currency

04/01/2023 at 16:51

CEST


This historic Spanish coin has broken records among collectors for how difficult it is to find

There are collectors capable of spending large sums of money in order to satisfy their desire to own little pieces of history. Old coins are a very important niche within collecting and in particular the now extinct pesetas are highly coveted in the market.

The coin legal tender prior to the euro in Spain was in force for 133 years and survived different political regimes and numerous social events. It represents an important part of the history of Spain and for this reason there are many who want the rarest versions of it.

According to data from Bank of Spain there are still many around the Spanish territory: specifically some 266,051 million pesetas. That is, approximately 1,575 million euros. Despite the fact that the deadline for exchanging pesetas for euros ended in June last year, many keep them at home out of pure sentimental nature.

Although among all those millions scattered throughout the homeland, some have more value than others. Collectors go crazy for one in particular. From the year 1870 and very scarce, in fact only 12 copies are known, of which six are owned by individuals and the other six are in the La Moneda y Timbre Factory in our country.

We are talking about a 100 pesetas coin, made of gold and that has been sold for up to 250,000 euros. Without a doubt, it must be the 100 pesetas coin that has had the most value in all of history. A true treasure compressed in just centimeters.

If you still have pesetas at home and you don’t want them to continue collecting dust without any use, the best thing you can do is find out if any of them have any special value. You can get information on auction websites or in specialized physical stores. When it comes to selling, you can do it through the same channels, both online if you want it for convenience or online. establishments dedicated to it.

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