Description
The peseta was introduced in 1869 after Spain joined the Latin Monetary Union in 1868. The Spanish Law of June 26, 1864 decreed that in preparation for joining the Latin Monetary Union , the peseta became a subdivision of the peso with 1 peso duro = 5 pesetas. The peseta replaced the escudo at a rate of 5 pesetas = 1 peso duro = 2 escudos. Was the currency of Spain between 1869 and 2002. The Banco de España started issuing these 200 Spanish Peseta coins in 1990. They were withdrawn from circulation in 2002. The Spanish piece of 200 ptas has a common ring shaped front side and various versions of the back side. Some backside versions commemorate an event, others feature the Spanish King Juan Carlos I Rey de España. The 200 pesetas coin has the text ‘España’. We exchange all 200 Spanish Pesetas coins dated 1990 and later.