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5 Pesetas - Alfonso XIII 2nd portrait

Issuer Royal Mint of Spain (Real Casa de la Moneda)
Year 1892-1894
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Value 5 Pesetas (5 ESP)
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Obverse script Latin
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Reverse description The crowned Royal Arms of Spain occupy the central field, flanked by the twin Pillars of Hercules with banners bearing the motto PLVS ULTRA, symbolizing Spain's imperial reach beyond the Strait of Gibraltar. The denomination 5 PESETAS appears in the lower exergue. The mint assayer initials flank the shield, and the full legend encircles the design along the rim.
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Additional information

Alfonso XIII was an infant when these coins were struck — born in 1886 to a posthumous reign, he wouldn't reach his majority until 1902. Spain produced coinage in his name throughout his minority under the regency of his mother, María Cristina of Austria, who governed through a period of accelerating colonial crisis. The 1892 issue coincided with the quadricentennial celebrations of Columbus's first voyage, a moment of nationalist pageantry that masked the empire's actual fragility.

Cuba and the Philippines were already restive. Within six years of this issue's final striking, both were gone.

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