Catalog
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| Issuer | Banco de España |
|---|---|
| Year | 1868 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | 100 CIEN ESCUDOS EL BANCO DE ESPAÑA pagará al portador CIEN escudos en efectivo MADRID, 31 de Octubre de 1868. EL GOBERNADOR POR LA INTERVENCIÓN POR LA CAJA (Translation: One Hundred Escudos The Bank of Spain will pay the bearer One Hundred Escudos in cash Madrid, October 31, 1868. The Governor For the Intervention For the Cash) |
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| Reverse lettering | 100 ESCUDOS 100 ESCUDOS 100 ESCUDOS 100 ESCUDOS |
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| Comments |
The Banco de España's 1868 issue predates the Peseta system by just one year — the escudo had been Spain's decimal unit since 1864, replacing the old real-based system, and this note belongs to the brief window when that reform was still in effect. The transition was short-lived: the Peseta was introduced in 1869 as part of the Latin Monetary Union framework, rendering escudo-denominated notes obsolete almost immediately.
The 1868 revolution — the Gloriosa — deposed Isabella II in September of that year, adding political turbulence to monetary. Notes issued across 1868 may predate or postdate the coup depending on exact issue date, a detail worth establishing if provenance matters.