On January 1, 2002, the euro came into force as a currency to the detriment of the peseta. The exchange of pesetas for euros was approved by law until July 1, 2021, and could be done by coins or bills that were not prior to the year 1936.
The age of the coins marks the current value they have. Therefore the numismatics, discipline in charge of studying ancient medals and coins, establishes that the older a coin or metal is, the higher its value. Precisely for this reason several of the pre-peseta currencies, such as the royals, ducats or excellent doubles embroidered in gold, they are considered some of the most expensive currencies.
According to the web ‘Monedalia‘, the value in the collectibles market of some of the specimens mentioned above came to acquire a estimated valuation between two thousand and 10 thousand euros, with the Double Duchy being the coin with the lowest valuation and the Double Ducat the coin with the highest valuation.
Despite this, They are not the only coins with a high valuation. As explained by the numismatist Jesus Losada in his book ‘The most valuable Spanish coins’ and which he also collects’The country‘, these are the most valuable Spanish coins in history.
One hundred escudos gold coin, the most valuable
The first of them, a gold coin of one hundred escudos used during the reign of Felipe III, came from the collection Knight of Yndias. Its final price was about 944 thousand euros, despite the fact that its starting price was about 800 thousand euros, so that it became the most valuable coin of Spanish history, as stated by the aforementioned medium.
With a price of 614,250 euros paid at auction the second most valuable coin, a eight shield gold coin, was used during the reign of Felipe IV and that belonged to the collection Archer huntington.
It is not the only one among the most valuable that belonged to the reign of Philip IV, since it is also found another coin of one hundred escudos that was awarded for 590 thousand euros.
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