This Spanish stamp, issued in 1966 with a denomination of 1.20 pesetas, commemorates an early colonial coin minted in Lima, Peru in 1699. The design showcases both sides of the historic silver coin, featuring the crowned pillars and shield motifs symbolizing the Spanish Empire’s reach in the Americas. The inscription “Ceca de Lima” identifies the mint of origin, one of Spain’s most important colonial mints in South America. Printed by F.N.M.T. (Fábrica Nacional de Moneda y Timbre), the stamp forms part of Spain’s series celebrating old coinage and monetary history.