1967 Spain 100 Pesetas - is this silver?

[Weaver]

Hi everyone,

I recently acquired a 1966 (67) Spanish 100 Pesetas coin for £6 which is supposed to be 0.800 Silver right?

Well this one looks like very shiny Gold? Almost like it's been electro-plated with gold leaf? 🤨

Have I been diddled??

Or has the coin toned to a Golden hue?

Your opinions please...

Cheers,

Weaver(wayne)

Edited June 7, 2020 by Weaver

[Rob]

It looks to be gilded, but I'm not sure how you can be diddled when something you have bought for £6 has £6.70 worth of silver in it with some free gold on top? Please elucidate.

[Weaver]

Forgive my naivety Rob, I assumed that if indeed the coin was gilded that it would be rendered useless or less desirable?

Also, I didn't know if it was actually silver or not, hence the question about being diddled. I was concerned that it might have been a nickel-brass fake.

Why would the coin be gilded?

Cheers,

Weaver(wayne)

[Rob]

Less desirable for a collector, as they usually try to obtain examples in a suitable natural condition - which gilded certainly isn't. Coins are gilded for fun, or for use in jewelry.

[Weaver]

Thanks Rob, but it seems in terms of BV value alone that I haven't lost out on the deal right?

Cheers,

Weaver(wayne)

[Diaconis]

There are differences in the ear which look rather odd along with the double strike at nose and lip. Looks dubious IMO.

[Weaver]

Thanks Diaconis.

Modern restrike perhaps?

Cheers,

Weaver(wayne)

[Diaconis]

24 minutes ago, Weaver said:

Thanks Diaconis.

Modern restrike perhaps?

Cheers,

Weaver(wayne)

Looks like different dies so probably not a restrike. What's the weight? Should be spot on 19g

[Weaver]

Hi Diaconis,

Just weighed it and 19g exactly. 

I'm confused now.

Cheers,

Weaver(wayne)

[Rob]

Not sure why anyone would copy these. A mintage of 15 million will price them only a bit over melt at best. Krause lists them at $18 for MS63, which surely wouldn't be worth copying. The 1969 is noted in Krause as frequently found altered (presumably the shape of the 9), but the total mintage here is a million.

[Diaconis]

8 hours ago, Rob said:

Not sure why anyone would copy these. A mintage of 15 million will price them only a bit over melt at best. Krause lists them at $18 for MS63, which surely wouldn't be worth copying. The 1969 is noted in Krause as frequently found altered (presumably the shape of the 9), but the total mintage here is a million.

Agree, does seem a strange choice of coin to copy though there are differences with Wayne’s coin don’t you think?

[Weaver]

It's all soo strange.

The postscript to this story is that the seller has offered me a full refund and stated that they thought the coin was a bit suspect due to it's 'odd colour' 🧐

Hmmmmm?

Is this coin destined for the bin people?

Cheers,

Weaver(wayne)

[Rob]

Odd colour doesn't matter how it arose as long as the scrap value is greater than the price paid. But, if in doubt, leave it out and get a refund. i.e. if it doesn't appear to be silver, then get your money back.

[Weaver]

Thanks Rob and Diaconis for your support 👍

Cheers,

Weaver(wayne)