Inici » The coin of 1869: a hidden treasure in the history of Spain

The coin of 1869: a hidden treasure in the history of Spain

by PREMIUM.CAT
una moneda d'or asseguda a sobre d'una cartera de cuir marró sobre una taula amb una placa amb el nom, Carl Gustaf Pilo, or, una escultura de bronze, escola de Heidelberg

A legacy that transcends time

The world of antique coin collecting has captivated the attention of thousands of enthusiasts over the years. Among all the pieces that exist, the “dur” minted in 1869 stands out for its uniqueness and the mystery that surrounds it.

Historical context: a time of change

The “hard” of 1869 took place at a time of political and social turbulence in Spain, shortly after the revolution known as ‘La Gloriosa’. In this stage of renewal, the provisional government decided to mint a coin that symbolized a new beginning, but the fate of this piece would be very different.

An unsolved riddle

Although “hard” was created, it was never used in everyday transactions. The reasons for this decision are still the subject of debate among historians, with theories ranging from changes in monetary policy to technical complications that prevented its distribution.

Valuation of an object of desire

For numismatists, the 1869 “hard” is much more than a simple coin; it is a real treasure. Its scarcity and the rich history that accompanies it have raised its value on the market, with specimens in good condition reaching prices of up to 40,000 euros.

Factors that determine value

The degree of conservation is fundamental in estimating its price. Those that are in immaculate condition, with every detail visible, are the ones that attract the highest bids. However, even coins that show signs of use can have significant value, due to their scarcity.

The mystery of its scarcity

Several experts have proposed that many of the “hard ones” were smelters to recover the silver and allocate it to new issues, which would explain its very rare presence today. Other theories suggest that a small number were given to prominent figures, keeping them out of the public eye.

A promising future for investment

As the history of this coin becomes better known, it is likely that its value will continue to rise. The 1869 “hard” not only represents a piece of collector’s interest, but also looms as an investment that can generate significant returns in the future.

Finding a specimen of this coin is a true rarity. Those who manage to get their hands on one can count themselves lucky, as its value lies not only in its history, but also in its potential appreciation in the numismatic market.

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