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Dallas Signature Sale 3093 28-29 Oct 2021
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Spain
Provisional Government 20 Centimos 1869(69) SN-M MS64 NGC, Madrid mint, KM650, Cal-11, Cay-17418. Mintage: 91. An excessively challenging minor from this intriguing period in Spanish history, and one which is almost universally found in poorer states of preservation. The smallest denomination conceived as part of the new Spanish monetary system created by the Provisional Government on October 19, 1868, the type was actually not minted until that second year of Amadeo I's reign, then being back-dated to 1869 and 1870. While it is uncertain the exact portions of the original 5,091 struck that were minted with each date, the 1869 is generally recognized as the far scarcer of the two, with a value 6 times higher than its 1870 counterpart as listed in Calicó. Embellished with a superbly lustrous finish, the coin at hand is presently tied with just two others as the finest certified at NGC, with just a single MS65 ranking a point higher at PCGS.
https://coins.ha.com/itm/spain/provisional-government-20-centimos-1869-69-sn-m-ms64-ngc-/p/3093-65003.s?type=DA-DMC-CoinArchives-WorldCoins-3093-10282021
HID02906262019
© 2020 Heritage Auctions | All Rights Reserved
Estimate: 6000-8000 USD
Provisional Government 20 Centimos 1869(69) SN-M MS64 NGC, Madrid mint, KM650, Cal-11, Cay-17418. Mintage: 91. An excessively challenging minor from this intriguing period in Spanish history, and one which is almost universally found in poorer states of preservation. The smallest denomination conceived as part of the new Spanish monetary system created by the Provisional Government on October 19, 1868, the type was actually not minted until that second year of Amadeo I's reign, then being back-dated to 1869 and 1870. While it is uncertain the exact portions of the original 5,091 struck that were minted with each date, the 1869 is generally recognized as the far scarcer of the two, with a value 6 times higher than its 1870 counterpart as listed in Calicó. Embellished with a superbly lustrous finish, the coin at hand is presently tied with just two others as the finest certified at NGC, with just a single MS65 ranking a point higher at PCGS.
https://coins.ha.com/itm/spain/provisional-government-20-centimos-1869-69-sn-m-ms64-ngc-/p/3093-65003.s?type=DA-DMC-CoinArchives-WorldCoins-3093-10282021
HID02906262019
© 2020 Heritage Auctions | All Rights Reserved
Estimate: 6000-8000 USD