One Peseta

One Peseta

Spain 1902 Peseta Silver Coin KM706 Very nice one
Spain 1902 Peseta Silver Coin KM706 Very nice one
Paypal   US $110.00
Spain One Peseta 1944 g167
Spain One Peseta 1944 g167
Paypal   US $4.00
Spain Three Notes Montmelo 25 50 centimos One Peseta14 9 1937
Spain Three Notes Montmelo 25 50 centimos One Peseta14 9 1937
Paypal   US $32.83
SPAIN 1944 One 1 Peseta Coin
SPAIN 1944 One 1 Peseta Coin
Paypal   US $3.11
1953 56 One Peseta Spain Una Espana Coin KM 755 Exc Cond
1953 56 One Peseta Spain Una Espana Coin KM 755 Exc Cond
Paypal   US $4.99
Spain One Peseta 19044 g167
Spain One Peseta 19044 g167
Paypal   US $4.00
Spain bond 1934 Spanish Society One Price 1000 pesetas
Spain bond 1934 Spanish Society One Price 1000 pesetas
Paypal   US $4.99
Spain bond 1940 Spanish Society One Price 500 pesetas
Spain bond 1940 Spanish Society One Price 500 pesetas
Paypal   US $4.99
1899 GOLD 20 PESETAS SPAIN RARE ONE YEAR TYPE ORIGINAL ISSUE
1899 GOLD 20 PESETAS SPAIN RARE ONE YEAR TYPE ORIGINAL ISSUE
   US $590.00
Lot of 3 Vintage 1944 Spain Spanish 1 One Peseta Coins
Lot of 3 Vintage 1944 Spain Spanish 1 One Peseta Coins
Paypal   US $13.20
Vintage 1947 Spain Spanish 1 One Una Peseta Coin
Vintage 1947 Spain Spanish 1 One Una Peseta Coin
Paypal   US $7.04
1953 SPAIN ONE PESETA BILL NICE CRISP BILL
1953 SPAIN ONE PESETA BILL NICE CRISP BILL
Paypal   US $7.00
1883 Spain One Peseta
1883 Spain One Peseta
Paypal   US $39.00
SPAIN ONE PESETA  196671
SPAIN ONE PESETA 196671
Paypal   US $1.20
Puerto Rico Compañia de los Ferrocarriles one 500 Pesetas bond 1888 G
Puerto Rico Compañia de los Ferrocarriles one 500 Pesetas bond 1888 G
Paypal   US $159.00
Spain One Peseta A7772735 21 5 1943 Almost Uncirculated Uncirculated
Spain One Peseta A7772735 21 5 1943 Almost Uncirculated Uncirculated
Paypal   US $34.40
SPAIN 1980 Thirty One 31 Pesetas 3 Coins
SPAIN 1980 Thirty One 31 Pesetas 3 Coins
Paypal   US $5.11
SPAIN CINCO PESETA JULIO 1954 KING ALFONSO X P146 IN HIGH GRADE ONE CENTER FOLD
SPAIN CINCO PESETA JULIO 1954 KING ALFONSO X P146 IN HIGH GRADE ONE CENTER FOLD
Paypal   US $24.99
1891 Spain One Peseta LK Nice NO RESERVE KM654
1891 Spain One Peseta LK Nice NO RESERVE KM654
Paypal   US $27.50
Old coins Spain One Peseta 1987
Old coins Spain One Peseta 1987
Paypal   US $1.55
Spain 1940 One Peseta
Spain 1940 One Peseta
Paypal   US $29.99
Old coins Spain One Peseta 1944
Old coins Spain One Peseta 1944
Paypal   US $1.55
Spain One Peseta 1938 Pick 108a Crisp UNC
Spain One Peseta 1938 Pick 108a Crisp UNC
Paypal   US $145.00
Spain One Peseta 1940 Pick 121a W O Letter Crisp UNC
Spain One Peseta 1940 Pick 121a W O Letter Crisp UNC
Paypal   US $220.00
Spain One Peseta 1937 Pick 104a Crisp UNC
Spain One Peseta 1937 Pick 104a Crisp UNC
Paypal   US $198.00
36 Spain 1944 1 peseta One Year Type VF XF Only 22¢ each
36 Spain 1944 1 peseta One Year Type VF XF Only 22¢ each
Paypal   US $10.00
Spain 10 One Pesetas Coins
Spain 10 One Pesetas Coins
Paypal   US $.01
Spain 25 One Pesetas Coins
Spain 25 One Pesetas Coins
Paypal   US $.01
Spain 50 One Pesetas Coins
Spain 50 One Pesetas Coins
Paypal   US $.01
SPAIN ONE PESETA 197578
SPAIN ONE PESETA 197578
Paypal   US $.39
SPAIN ONE PESETA 197579
SPAIN ONE PESETA 197579
Paypal   US $.39
SPAIN ONE PESETA 197577
SPAIN ONE PESETA 197577
Paypal   US $.39
SPAIN ONE PESETA 196675
SPAIN ONE PESETA 196675
Paypal   US $.39
SPAIN ONE PESETA 196671
SPAIN ONE PESETA 196671
Paypal   US $.39
SPAIN ONE PESETA 197580
SPAIN ONE PESETA 197580
Paypal   US $.39
SPAIN ONE PESETA 196670
SPAIN ONE PESETA 196670
Paypal   US $.39
SPAIN ONE PESETA 196672
SPAIN ONE PESETA 196672
Paypal   US $.39
SPAIN ONE PESETA 197576
SPAIN ONE PESETA 197576
Paypal   US $.39
Two x Spanish 25 peseta coins one dated 1975 the other 1980 see details below
Two x Spanish 25 peseta coins one dated 1975 the other 1980 see details below
Paypal   US $1.56
NGC AU 55 194754 SPAIN ONE PESETA
NGC AU 55 194754 SPAIN ONE PESETA
Paypal   US $75.00
NGC AU 55 194753 SPAIN ONE PESETA
NGC AU 55 194753 SPAIN ONE PESETA
Paypal   US $55.00
NGC MS 63 194748 SPAIN ONE PESETA
NGC MS 63 194748 SPAIN ONE PESETA
Paypal   US $219.99
NGC MS 65 195361 SPAIN ONE PESETA
NGC MS 65 195361 SPAIN ONE PESETA
Paypal   US $99.99
1943 One 1 Peseta Espana Spain note Fernando the Catholic UNC 211113
1943 One 1 Peseta Espana Spain note Fernando the Catholic UNC 211113
Paypal   US $11.50
1947 SPAIN ONE PESETA PCGS MS63
1947 SPAIN ONE PESETA PCGS MS63
Paypal   US $82.50
1953 SPAIN ONE PESETA PCGS MS64
1953 SPAIN ONE PESETA PCGS MS64
Paypal   US $82.50
Spain One Peseta coin dated 1944
Spain One Peseta coin dated 1944
Paypal   US $1.55
Gibraltar 1895 One Peseta Fine Used
Gibraltar 1895 One Peseta Fine Used
Paypal   US $.99
SPAIN 3 SEMI KEY ONE PESETAS
SPAIN 3 SEMI KEY ONE PESETAS
Paypal   US $.99
SPAIN 1937 1 PESETA BU KM1 VISCAYAN REPUBLIC or EUZKADI ONE YEAR TYPE COIN
SPAIN 1937 1 PESETA BU KM1 VISCAYAN REPUBLIC or EUZKADI ONE YEAR TYPE COIN
Paypal   US $14.99
SPAIN 1937 2 PESETA BU KM2 VISCAYAN REPUBLIC or EUZKADI ONE YEAR TYPE COIN
SPAIN 1937 2 PESETA BU KM2 VISCAYAN REPUBLIC or EUZKADI ONE YEAR TYPE COIN
Paypal   US $17.99
1869 SPAIN Provisional Government ONE PESETA SNM 5gr SILVER 835
1869 SPAIN Provisional Government ONE PESETA SNM 5gr SILVER 835
Paypal   US $3.11
1870 SPAIN Provisional Government ONE PESETA SNM 5gr SILVER 835
1870 SPAIN Provisional Government ONE PESETA SNM 5gr SILVER 835
Paypal   US $3.11
1903 SPAIN ALFONSO XIII ONE PESETA SMV 19 03 5gr SILVER 835
1903 SPAIN ALFONSO XIII ONE PESETA SMV 19 03 5gr SILVER 835
Paypal   US $3.11
1899 SPAIN ALFONSO XIII ONE PESETA SGV 5gr SILVER 835
1899 SPAIN ALFONSO XIII ONE PESETA SGV 5gr SILVER 835
Paypal   US $3.11
1900 SPAIN ALFONSO XIII ONE PESETA SMV 5gr SILVER 835
1900 SPAIN ALFONSO XIII ONE PESETA SMV 5gr SILVER 835
Paypal   US $3.11
1901 SPAIN ALFONSO XIII ONE PESETA SMV 5gr SILVER 835
1901 SPAIN ALFONSO XIII ONE PESETA SMV 5gr SILVER 835
Paypal   US $3.11
World Coin 1876 DE M Spain 1 One Peseta Alfonso XII 835 Silver KM 672 Fine
World Coin 1876 DE M Spain 1 One Peseta Alfonso XII 835 Silver KM 672 Fine
Paypal   US $.99
World Coin 1902 SM V Spain 1 One Peseta Alfonso XIII 835 Silver KM 706 Very Fine
World Coin 1902 SM V Spain 1 One Peseta Alfonso XIII 835 Silver KM 706 Very Fine
Paypal   US $.99
1947 51 Spain 1 One Peseta Francisco Franco Caudillo Aluminum Bronze KM 775 EF
1947 51 Spain 1 One Peseta Francisco Franco Caudillo Aluminum Bronze KM 775 EF
Paypal   US $.99
1947 52 Spain 1 One Peseta Francisco Franco Caudillo Aluminum Bronze KM 775 AU
1947 52 Spain 1 One Peseta Francisco Franco Caudillo Aluminum Bronze KM 775 AU
Paypal   US $.99

One Peseta

The relatively new European Currency -- The Euro -- has just passed its first five years' lustrum. Five years for a new currency is not enough to elaborate a full evaluation because that would require a longer existence to analyze the development over a mayor economic cycle of about eleven years. Yet a concise evaluation shows anything but a negative outcome for the Euro.

Those who remember the introduction of the currency will picture the depreciation of the euro against the dollar in early existence. The Euro got introduced (against the US Dollar) for $1.18 and fell to about 82 dollar cents in 2000 (http://en.wikipedia.org/wiki/Euro). Yet now after five years the Euro has been increased in value against the same dollar and is trading at about 1,30$.

For the first time there are also more euros notes in circulation than dollars. (http://www.ft.com/cms/s/1bb2cbb2-9618-11db-9976-0000779e2340.html) But notes are only a small portion of the global financial flows and assets.

In the financial world the Euro has shown its value as an extra reserve currency next to the Dollar and the Yen. This offers the financial world more choice in the case that one currency will face significant government deficits and depreciation. The former German Mark could not offer the same role.

What the role has been for the Euro to fortalice the European economy is hard to tell. The fact that the Euro has developed as a strong currency is a positive sign. But it is hard to tell at what cost.

Investigation show that the (consumer) price level has not increased (additionally) with the introduction of the euro. But is this the same for the price level of real-estate? Most likely is that the real estate boom would have taken place anyhow.

What remains unsolved is the question whether the euro is strong due to a empowered (economic) Europe or because of other elements?

And, although this is informal information, many people still calculate in their original currencies. In Spain the euro is still printed on the supermarket receipt and any price discussion - about real estate - involves the "old" peseta. But this is more about politics than about finance and economics.

So far we may conclude that the introduction of the euro has been a success.

© 2007 Hans Bool

Hans Bool is the founder of Astor White a traditional management consulting company that offers online management tools. Have a look at some of our free management tools


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