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SPAIN: Civil War, AE 25 centimos, 1937, PCGS MS62 BN

Currency:USD Category:Coins & Paper Money / World Coins - Europe Start Price:60.00 USD Estimated At:75.00 - 100.00 USD
SPAIN: Civil War, AE 25 centimos, 1937, PCGS MS62 BN
SOLD
425.00USD+ buyer's premium (85.00)
This item SOLD at 2026 Apr 15 @ 11:40UTC-07:00 : PDT/MST
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BUYER'S PREMIUM - The Buyer's Premium is $20 per lot or 20% of the hammer price, whichever amount is greater.
SPAIN: Civil War, AE 25 centimos, 1937, KM-1.2, Municipality of Ibi, Province of Alicante, variety with with map, a pleasing mint state example! PCGS graded MS62 BN. The Municipality of Ibi, famous for its toy industry, is one of the few Valencian towns that issued local metallic currency to alleviate the lack of divisional currency during the Spanish Civil War. In the session of November 2, 1937 the Municipal Council authorized the minting of 25 centimos (KM#1.2; TurróPV#834) coins for a quantity of 10,000 pieces, that is, 2,500 pesetas worth of coinage. In this first issue, the obverse presents the map of Spain in relief in the background. The quantity issued was not sufficient, since these coins were also used by the inhabitants of adjacent municipalities, so a new issue of 25 centimos (KM#1.1; TurróPV#835) coins had to be made for an amount of 2,500 pesetas (10,000 pieces), this time without the map of Spain in the background. There are two variants of this new issue (see variants). Obeying orders from the Central Government of Spain, the Municipal Council ordered, on February 28, 1938, the withdrawal and exchange of all coins through the local branch of the Bank of Industry and Commerce.