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1 Peseta
| Issuer | Banco de España |
|---|---|
| Year | 1938 |
| Type | Standard circulation banknote |
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| Obverse description | Printed in black, brown, and grey over a green underprint, the obverse carries the Nationalist-faction coat of arms of Spain as a vignette to the left. Guilloche-based geometric designs frame the perimeter and fill the background field. Inscriptions identify the issuing authority, place, and date of issue, with the printer's credit appearing at the lower margin. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Executed in violet and yellow, the reverse is composed entirely of geometric designs and wavy guilloche lines forming an ornate background pattern. The denomination and issuing bank name appear within the central field, with the serial number printed in black. The printer's imprint is included at the lower margin. |
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| Comments |
Printed in Fascist Italy for Nationalist Spain, this note's production circumstances reflect the military and political alignment between Franco's movement and Mussolini's government during the Civil War. The Milan printer Calcografía e Cartevalori — operating under various trade names during this period — handled intaglio currency work for several foreign clients, and the Spanish commission was entirely consistent with that commercial relationship.
The 1938 date places production during the war's final phase, well before Franco's forces had full territorial control. Notes printed abroad had to be physically transported into Spain under conditions that were anything but routine.