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1 Peseta replica

Issuer Banco de España
Year 1943
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Value 1 Peseta 1 ESP = UAH 0.31
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Obverse lettering BANCO DE ESPAÑA
UNA PESETA
DE CURSO LEGAL
MADRID 21 DE MAYO DE 1943
EL GOBERNADOR
EL INTERVENTOR EL CAJERO
REPRODUCCIÓN AUTORIZADA
(Translation: BANK OF SPAIN
ONE PESETA
LEGAL COURSE
MADRID MAY 21, 1943
THE GOVERNOR (signature)
THE AUDITOR (signature) THE CASHIER (signature)
AUTHORIZED REPRODUCTION)
Reverse description Central vignette reproducing a fragment of the painting by Dióscoro Teófilo de la Puebla Tolín illustrating the first landing of Christopher Columbus in America, rendered in an engraved style within a guilloche border. The overprint REPRODUCCIÓN AUTORIZADA is present on the reverse.
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Comments

The 1943 1 Peseta series was issued under the Franco regime during a period of severe material shortages, when Spain's isolation from Allied supply chains made quality paper stock difficult to obtain. The Fábrica Nacional de Moneda y Timbre managed production domestically throughout, which was unusual for Spanish notes of earlier decades that had frequently relied on foreign printers.

This is a replica, not an original issue. Replicas of the P#116 circulate widely in the collector market and are sometimes misidentified, particularly when the replica notation is faint or placed only on the reverse.

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