Spanish 500 Pesetas (Escudo)

Country of Origin: Spain

Year of Issue: 1987-1990

Denomination: 500 Pesetas

Composition: Aluminium-Bronze (92% Copper, 6% Aluminium, 2% Nickel)

Spanish 500 Pesetas (Escudo)

Brief Description

A thick, gold-colored coin featuring the Spanish Royal Coat of Arms on the reverse and '500 PESETAS' written above it. The obverse typically features portraits of King Juan Carlos I and Queen Sofia.

Historical Significance

Introduced in the late 1980s, this coin replaced the 500 peseta banknote. It was the highest-value circulating coin in Spain before being replaced by the Euro in 2002. It was technically revolutionary at the time for its thickness and Braille-like tactile features for the vision-impaired.

Estimated Value

$4.00 - $8.00 USD (based on condition and year; its face value was roughly equivalent to €3.00)

Care Instructions

Handle by the edges to avoid finger oils causing oxidation. Do not clean with abrasive chemicals or brushes. Store in a PVC-free coin flip or holder to prevent chemical damage.

Created At: 2026-02-13T14:44:46.390749