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100 Pesetas Isla de Arrecife

Issuer Spain
Year 2013
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Value 100 Pesetas 100 ESP = TRY 32
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Obverse description The obverse features the denomination '100' in large numerals occupying the left-center of the field, with the word 'PESETAS' inscribed below in bold lettering. To the right of the denomination, a colorized five-petaled flower rendered in violet enamel serves as the central decorative motif, referencing the flora of the Oroa Island region. The legend 'ISLA DE ARRECIFE' arcs along the upper periphery, while 'OROA ISLAND' is inscribed along the lower rim. The overall design is set against a smooth, dark nickel field with a raised border.
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Reverse description The reverse depicts a detailed engraving of a fully-rigged sailing frigate occupying the central field, rendered with fine detail showing multiple masts, furled sails, and rigging, evoking the Age of Exploration. The legend 'JUAN SEBASTIÁN ELCANO (1476-1526)' arcs along the upper periphery in Latin script, commemorating the Basque navigator who completed the first circumnavigation of the globe. The date '2013' is inscribed in the lower exergue. The composition pays tribute to Elcano's celebrated vessel and his historic achievement as captain of the Victoria.
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Additional information

Arrecife, the capital of Lanzarote, lends its name to this piece from Spain's "Ciudades y Pueblos" local currency series — collector-oriented issues that were never intended for genuine circulation and were sold directly through the Royal Mint (Real Casa de la Moneda). The series drew quiet criticism for inflating face values far beyond intrinsic worth on coins with no practical monetary function.

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