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2000 Pesetas - Juan Carlos I Replica

Issuer Royal Mint of Madrid (Real Casa de la Moneda de Madrid)
Year 2002
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Technique Milled
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Obverse lettering JUAN CARLOS I Y SOFÍA · 2001 ·
(Translation: Juan Carlos I and Sofia.)
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Mintage 2002 M
Additional information

Issued by the Real Casa de la Moneda in the final months before Spain's peseta ceased to be legal tender — replaced by the euro on 1 January 2002 — this piece belongs to a wave of commemorative replicas produced as the currency wound down. It is not a reissue of a circulating coin but a deliberate souvenir of one, struck after the original denomination had already become obsolete. The silver cladding over copper-nickel kept production costs below those of a true silver issue while preserving the appearance of a precious-metal piece for the collector market.

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