Spain 1949 5 Pesetas Silver Coin (Francisco Franco portrait)
Coin/Bullion · Fábrica Nacional de Moneda y Timbre (Royal Mint of Spain), Madrid. Engraved by Mariano Benlliure.
Pattern: Spanish Francoist State currency, KM# 778
Type
Coin/Bullion
Maker
Fábrica Nacional de Moneda y Timbre (Royal Mint of Spain), Madrid. Engraved by Mariano Benlliure.
Material
800 Silver (80% Silver, 20% Copper)
Dimensions
Diameter: 32 mm; Thickness: 2.3 mm; Weight: 15.00 grams (12.0 grams ASW - Actual Silver Weight).
Description
A classic example of Spanish mid-century numismatics, this 5 Pesetas coin represents the consolidation of Francisco Franco's image on national currency. The obverse displays a high-relief profile of 'El Caudillo', characterized by realistic anatomical detail and a bold surrounding legend. Struck in .800 fineness silver, it possesses a substantial weight and hand-feel typical of European crown-sized circulation issues of the era.
Key Features
Large portrait of Franco; 1949 series date; the 800 silver content; the 'G. DE DIOS' (Gratia Dei) titulary claiming divine right.
Material & Composition
800 Silver (80% Silver, 20% Copper)
Finish & Decoration
Business strike, matte-to-lustrous finish. Features the bare-headed portrait of Francisco Franco facing right on the obverse; the reverse (not visible) typically features the crowned Spanish eagle with the coat of arms.
Hallmarks & Stamps
Obverse inscription: 'FRANCISCO FRANCO CAUDILLO DE ESPAÑA POR LA G. DE DIOS'. Small six-pointed stars (mint marks) are located on the reverse; the date '1949' is the series date, while the actual mint year is inside the stars (e.g., 19, 50).
Construction Details
Industrial die-struck coinage (machine-made). Reeded edge for security and grip.
Functional Features
Legal tender currency for the Spanish State (Peseta system); value of 5 Pesetas designated on the reverse.
Handle & Grip Details
N/A - Coinage
Craftsmanship Details
High-quality industrial striking; excellent relief depth in the hair and facial features reflecting the artistry of sculptor Mariano Benlliure.
Authentication Indicators
Die-consistent lettering; correct denticles along the rim; appropriate wear patterns for silver circulation; correct '1949' font style.
Origin & Manufacturing
Madrid, Spain; Royal Mint (FNMT). Produced under the authority of the Spanish State.
Era & Period
Francoist Spain (1936-1975); post-Civil War stabilization period.
Age Estimate
Dated 1949 (Actual minting likely occurred in 1949 or 1950 based on star date).
Cultural Significance
Represented the economic transition of Spain after WWII and functioned as propaganda, cementing Franco's image as the 'Leader of Spain by the Grace of God' in the pockets of every citizen.
Condition Notes
Very Good to Fine condition. Visible surface circulation marks, minor contact nicks on the cheek and field, and light peripheral toning (yellowish-brown oxidation) along the edges. No major gouges or cleaning evidence visible.
Value Estimate
$10 - $25 USD depending on the specific date found in the stars. Primarily valued for its silver melt content (~$11) plus a small numismatic premium.
Care & Maintenance
Do not clean or polish with abrasives, as this destroys numismatic value. Store in a PVC-free coin flip or non-reactive capsule to prevent further tarnish.
Similar Pieces
1966 100 Pesetas Silver (larger, .800 silver); 1947 5 Pesetas (different bust style); 1957 5 Pesetas (copper-nickel alloy, not silver).
Interesting Facts
The 1949 5 Pesetas was significant because it was the first silver coin issued by the Franco regime intended for general circulation, following years of base-metal and paper currency.