When the “Glorious Revolution” swept aside Queen Isabella II of Spain in September 1868, a period of instability began as the leaders of the revolution groped for direction.

It also led to the production of new coins, including a rare coin being offered in Editions V. Gadoury’s Dec. 6 auction in Monaco.

The deposed queen fled to France and in 1870 abdicated the throne. Amadeo II of Savoy was named the successor, but abdicated in early 1873. 

On Oct. 19, 1868, this provisional government commissioned a new set of coins, denominated in pesetas, and called for the consolidation of minting activities, then taking place in Barcelona, Madrid, Segovia and Seville, at the mint in Madrid. The first coins were minted in 1869. 

The coin shows a seated allegorical figure representing Spain on the obverse, with a shield surmounted by a crown between the Pillars of Hercules on the reverse. 

A total of 100 examples of the 1869 silver 5-peseta coin were struck. The coin was established based on the Latin Monetary Union. 

This example is graded Mint State 64 by Professional Coin Grading Service. It has an opening bid of €20,000 ($25,002 U.S.).

To learn more about the auction, visit the firm’s website.

Check out other recent world coins coverage:

‘First’ silver dollar realizes $23,772 in Künker auction

Pair of 1960 Israeli patterns highlight Rosenblum Dec. 4 auction

More from CoinWorld.com:

What you need to know before collecting 'classic' U.S. coins

Inventory of silver 1-ounce American Eagle bullion coins at United States Mint depleted

Collector finds 1969-S DDO Lincoln cent after searching through 12,000 cents in rolls

Specialists identify counterfeit 1900-O/CC Morgan dollar with links to Micro O fakes

Mint confirms printing error on Great Smoky Mountains National Park quarters set COA

Keep up with all CoinWorld.com news, insights and blogs by signing up for our free eNewsletters, liking us on Facebook, and following us on Twitter. We're also on Instagram!