silver cincuentín 2 silver reals 8 silver reals 8 gold escudos
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OFFICIAL LEGAL TENDER GOVERNMENT CONMEMORATIVE ISSUE

REHABILITATION OF THE SEGOVIA MINT

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ORIGIN

It is a great honor for the Segovia Mint, that the last peseta denominated coins to ever be issued by the Spanish Government – official legal tender coins – "commemorate the grand restoration project to create a museum & minting workshop at the Segovia Mint, built in 1583 by the famous architect Juan de Herrera, according to the express wish of King Phillip II". So reads the text of the Ministry of Treasury Order 6824, of March 26, 2001 "in which it is agreed to strike, issue and place in circulation coins commemorating the Segovia Mint" (B.O.E. num. 83, 6-abril-01, pag. 13004).

PROCEEDS

In the same manner as with previous Spanish Government commemorative issues, all proceeds from the sale of these coins are designated for special cultural purposes, in this case, for the FUNDACIÓN REAL INGENIO DE LA MONEDA DE SEGOVIA, a newly created Foundation for the administration of the future Segovia Mint museum & workshop, and for the promotion of cultural activities aimed at recovering and promoting the history of the Mint.

OF PARTICULAR INTEREST

The new euro currency is now a reality. Spain has ceased production of all peseta denominated coins and paper money. This commemorative series contains the last four peseta denominated coins ever to be issued. Their striking concluded during July of 2001, for technical reasons, even after the striking of another special series commemorating the last peseta (19-june-01). It is particularly significant that the highest face value coin ever issued in pesetas - 80,000 - and the last peseta denominated coin ever to be issued, coincide in the beautiful gold coin of this Segovia series, which portrays the monumental entrance door to the Segovia Mint on its reverse side. The Royal Mill Mint of Segovia, founded in 1583, served as the launching factory for the creation of the Madrid Mint - today's National Mint - which was not established until 1615.

CHARACTERISTICS

These four coins comprise the only issue in the history of Spain to have two mintmarks: the crowned M of the Madrid Mint, symbol of the factory where these coins were struck, and the Segovia acueduct, historic mark of the Mint which these coins commemorate. The number of these coins struck is significantly lower than those of other Spanish commemorative series previously issued, a bonus which will make these coins a good choice as a numismatic investment:

Denominación Segovia Series Average, Other Series
8 escudos, gold 2,500 coins struck 5,000 coins struck
cincuentín, silver 8,000 coins struck 15,000 coins struck
8 reales, silver 15,000 coins struck 30,000 coins struck
2 reales, silver 20,000 coins struck -

PRESENTATION & PRICES

All coins come in custom wooden presentation cases. Coins may be purchased in 6 different modes: individually, in individual presentation cases, or forming collections in a common presentation case. (Click modes below to see coins in presentation cases).

Presentations Prices
8 escudos, gold (80,000 pesetas face value) 132,240 pesetas (incl. IVA)
silver cincuentín (10,000 pesetas face value) 23,200 pesetas (incl. IVA)
8 reals, silver (2,000 pesetas face value) 6,960 pesetas (incl. IVA)
2 reals, silver (500 pesetas face value) 2,320 pesetas (incl. IVA)
3 Silver Coin Set 32,480 pesetas (incl. IVA)
4 Coin Set (1 gold, 3 Silver) 164,720 pesetas (incl. IVA)

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