Historical Insight:
Coins of this type symbolize Francoist Spain, a period when coinage was used as an instrument of state propaganda. The 1957 design marked the reintroduction of nationalistic imagery — eagles, crowns, and mottos — that emphasized stability under authoritarian rule.
By 1961, Spain was entering a phase of economic modernization known as the “Spanish Miracle”, when tourism and industrial reforms began transforming the country.

Collecting Note:
This variant, often referred to as 1957(61), is part of a long-running series with star marks denoting the true year of issue. Collectors appreciate these subtle differences, as they reveal the complexity of Spanish minting during Franco’s regime. Coins in good condition retain fine details of Franco’s portrait and the heraldic eagle wings.