Peseta << puh SAY tuh >> was a monetary unit of Spain and the Spanish dependencies. It also was used in Andorra. The peseta consisted of 100 centimos. The early silver one-peseta piece showed the king’s head and the Spanish coat of arms. Later coins showed such objects as a sheaf of wheat or a galleon. One-, two-, and five-peseta coins were issued in silver. The peseta was issued in brass in 1937, and later in aluminum bronze. Peseta notes and coins were replaced by those of a new European Union currency, the euro, in 2002.