Catalog
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| Issuer | Banco de España - Santander |
|---|---|
| Year | 1936 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Reference(s) | P#S582 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | EL BANCO DE ESPAÑA / SANTANDER Pagará al portador pesetas DIEZ Santander 1 de Noviembre de 1936 TIENE FONDOS / BANCO DE ESPAÑA (Translation: The Bank of Spain - Santander Will pay the bearer Pesetas Ten Santander, November 1, 1936 Have funds / Bank of Spain) |
| Reverse description | The reverse is dominated by a central vignette of the combined coat of arms of the Spanish Republic and the city of Santander, rendered in dark ink with heraldic detail including a castle and a lion. The legend BANCO DE ESPAÑA / SANTANDER appears above the arms, and the Republican motto is set in bold capitals across the lower margin. A serial number in red appears to the upper right of the design. |
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| Comments |
The Banco de España branch issues of 1936 were a direct consequence of the Civil War fracturing Spain's financial infrastructure. When Nationalist forces moved on Madrid, the Republican government authorized regional branches to issue their own notes — Santander among them — to maintain liquidity in areas that remained under Republican control. The Santander branch had no independent printing capability, so these notes were produced locally under improvised conditions, which accounts for the variable print quality seen across surviving examples.
Santander fell to Nationalist forces in August 1937, effectively ending this series after barely a year of circulation.