The 1 peseta coin dated 1975 is one of the most common pieces among beginner collectors of Spanish numismatics. Even though it looks simple at first glance, it carries historical and technical details that influence its interest and market value.
Historical context
The year 1975 marks the final year of the Spanish dictator Francisco Franco, whose bust appears on the obverse of the coin. However, in Spanish numismatics there is an important detail that defines the true year of minting: the actual year is not the large date on the front, but the year hidden inside the small star next to the date.
The 1 peseta coin shows 1975 on the obverse, but was actually minted in 1976, 1977, 1978, 1979, and 1980, depending on the number inside the tiny star on the reverse. Because of this, each variant has its own rarity.
Technical specifications
Country: Spain
Face value: 1 peseta
Diameter: 21 mm
Weight: 3.5 g
Metal: Aluminum bronze
Designer: Mariano Benlliure (Franco bust)
Mint: Royal Mint of Spain, Madrid
Obverse
Bust of Francisco Franco with the inscription "FRANCISCO FRANCO CAUDILLO DE ESPAÑA POR LA G. DE DIOS".
The large date "1975" appears below.
Reverse
Spanish coat of arms from the Franco era and, next to the date 1975, the small star containing the real year of minting.
Varieties and rarity
The key detail is the number inside the star:
- 1975*76 and 1975*77 are extremely common.
- 1975*78 is less common.
- 1975*79 and 1975*80 are harder to find and have higher numismatic value.
Because most were produced in the earlier years, the majority of 1975 coins have low value.
Numismatic value
Approximate values depending on condition:
197576 and 197577
- Circulated: 0.20 to 1 euro
- Uncirculated: up to 3 euros
1975*78
- Circulated: 1 to 3 euros
- Uncirculated: 5 to 8 euros
1975*79
- Circulated: 3 to 6 euros
- Uncirculated: 10 to 20 euros
1975*80 (most sought-after)
- Circulated: 8 to 15 euros
- Uncirculated: 20 to 35 euros
Exceptional or certified coins may reach higher values.
Tips for identifying and evaluating
- Look for the star. A magnifying glass helps a lot.
- Check luster, scratches and overall wear.
- Avoid cleaning the coin, as it significantly reduces value.
- Compare with updated Spanish numismatic catalogs.
