Coin Identifier
Spanish 500 Pesetas (Escudo)
500 Pesetas

Spanish 500 Pesetas (Escudo)

Spain · 1987-1990

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.

Country
Spain
Year
1987-1990
Denomination
500 Pesetas
Metal
Aluminium-Bronze (92% Copper, 6% Aluminium, 2% Nickel)

This report is AI-generated and can be wrong. Always verify grade, authenticity, and value with a qualified dealer or certified grading service before buying, selling, or insuring.

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Overview

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 & preservation

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.