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The Spain 1 peseta 1891 KM#691 VF silver coin holds a significant place in the country's numismatic history, representing a pivotal era of economic and political transition. Minted in 1891, this coin bears the design of King Alfonso XIII and reflects Spain's efforts to modernize its currency system during the late 19th century.
Designed by engraver Gregorio Sellán, the obverse of the coin features a right-facing portrait of a youthful King Alfonso XIII, wearing a laurel wreath and a military uniform. Surrounding the portrait is the inscription "ALFONSO XIII POR LA G. DE DIOS," signifying his rule by the grace of God. This design element underscores the monarchy's authority and divine legitimacy.
On the reverse side of the coin, the denomination "UNA PESETA" is inscribed within a wreath composed of laurel and oak branches, tied at the bottom by a ribbon. Below the wreath, the date "1891" is displayed, indicating the year of minting. This combination of design elements creates a visually appealing and historically significant coin.
The Spain 1 peseta 1891 KM#691 VF silver coin is in very fine condition, exhibiting minor wear consistent with its age and circulation. Despite some signs of handling, the coin retains much of its original detail and charm, making it a desirable addition to any collection of Spanish coins.
The mintage of the Spain 1 peseta 1891 KM#691 VF silver coin was determined by the economic needs and demand for small denomination coins in Spain during the late 19th century. While exact mintage figures may vary, these coins were produced in sufficient quantities to facilitate everyday transactions and commerce.
Denominated as 1 peseta, this coin represents a unit of currency in Spain during the reign of King Alfonso XIII. The peseta served as the official currency of Spain from 1868 until the introduction of the euro in 2002. These coins were essential for conducting daily transactions and were widely circulated throughout the country.
Spain has a rich numismatic heritage, with coins reflecting its diverse cultural influences and historical milestones. The Spain 1 peseta 1891 KM#691 VF silver coin is a tangible artifact of this heritage, offering collectors and enthusiasts alike a piece of Spain's past.
In conclusion, the Spain 1 peseta 1891 KM#691 VF silver coin is a remarkable testament to Spain's history and numismatic legacy. With its elegant design, very fine condition, and historical significance, this coin is sure to be cherished by collectors and enthusiasts for generations to come.