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- Product ID: 46215
The Spain 1 Peseta 1947(51) KM#775 VF coin holds historical significance as it represents a period of transition and economic recovery for Spain in the aftermath of World War II. Minted between 1947 and 1951, this coin reflects the country's efforts to stabilize its currency and rebuild its economy following the devastation of the war.
The obverse design of the coin features the portrait of Francisco Franco, who ruled Spain as dictator from 1939 until his death in 1975. Surrounding Franco's portrait is the inscription "Francisco Franco Caudillo De Espana Por La G. De Dios" (Francisco Franco Leader of Spain By the Grace of God). The reverse side depicts the Spanish coat of arms, with the denomination "1 Peseta" and the date located below.
While the specific engraver responsible for the design of this coin is not credited, the intricate detailing of Franco's portrait and the coat of arms reflect the skilled craftsmanship of Spanish minting artisans of the time.
The Spain 1 Peseta 1947(51) coin was likely minted at various Spanish mints, including Madrid, Barcelona, and Sevilla. This period marked a time of economic recovery and modernization in Spain, as the country sought to rebuild its infrastructure and industrial base.
Exact mintage figures for the Spain 1 Peseta 1947(51) coin are not readily available. However, production levels would have been influenced by factors such as demand for circulating currency, availability of raw materials, and the capacity of individual mints.
The denomination of the Spain 1 Peseta coin reflects its value within the Spanish monetary system of the time. As a fractional currency unit, it would have been used for everyday transactions and purchases, supporting the economic activities of the population.
This particular Spain 1 Peseta 1947(51) coin is graded as Very Fine (VF), indicating that it exhibits moderate wear but still retains much of its original detail. The coin's surfaces may show evidence of circulation, including light wear and minor scratches, but overall, it remains in collectible condition.
Spain is a country with a rich and diverse cultural heritage, known for its stunning architecture, vibrant festivals, and delicious cuisine. From the historic cities of Madrid and Barcelona to the picturesque landscapes of Andalusia and the Basque Country, Spain offers visitors a wealth of experiences to discover and enjoy.
In conclusion, the Spain 1 Peseta 1947(51) KM#775 VF coin is a tangible artifact that reflects Spain's resilience and determination to rebuild and prosper in the aftermath of World War II. With its historical significance, detailed design, and moderate wear, this coin serves as a fascinating reminder of Spain's post-war recovery efforts and its enduring cultural heritage.