Catalog
1 Peseta
| Issuer | Banco de España |
|---|---|
| Year | 1953 |
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| Composition | Log in to see details |
| Size | 84 × 60 mm |
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|---|---|
| Obverse lettering | 1 BANCO DE ESPAÑA UNA PESETA DE CURSO LEGAL Madrid 22 de Julio de 1953 EL GOBERNADOR. EL INTERVENTOR. EL CAJERO MARQUES DE SANTA CRUZ FCA NAL DE MONEDA Y TIMBRE (Translation: Bank of Spain One Peseta legal tender Madrid, July 22, 1953 The Governor. The Comptroller. The Cashier Marquis of Santa Cruz) |
| Reverse description | Printed in reddish brown and black with a black serial number, the reverse presents a central vignette of a Spanish galleon under sail, rendered against a geometric guilloche background. The denomination and bank title inscriptions are positioned above and below the central maritime vignette. |
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| Comments |
Spain's postwar peseta issues from the early 1950s were produced entirely domestically — the FNMT had been printing Banco de España notes since the Civil War period, and by 1953 the operation was fully self-sufficient, a deliberate policy of the Franco regime that extended to currency production as much as anything else. The 1 peseta denomination at this size occupied an awkward monetary position: too small to matter much economically, yet retained in the series for small-change transactions at a moment when coin shortages made low-value paper still necessary.
Pick 144 is among the more common survivors of the series, frequently found in circulated grades but less often encountered with intact serial number clarity due to the lightweight paper stock used.