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| 正面描述 | Central vignette carries a portrait of King Felipe II of Spain, accompanied by an aerial view of the Monastery of San Lorenzo del Escorial. The composition is framed by guilloche borders with ornamental scrollwork, and denomination numerals appear at the corners. Inscriptions identify the issuing bank and the payment obligation to the bearer, dated Madrid, 1st July 1925. |
|---|---|
| 正面铭文 | 100 EL BANCO DE ESPAÑA PAGARÁ AL PORTADOR CIEN PESETAS EL GOBERNADOR. EL INTERVENTOR. EL CAJERO MADRID, 1º de Julio de 1925. (Translation: 100 The Bank of Spain Will pay the bearer One Hundred Pesetas The Governor. The Comptroller. The Cashier Madrid, 1st of July of 1925) |
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Bradbury Wilkinson printed this note at their New Malden works during a period when the Banco de España still relied heavily on British security printers — a dependence that would become politically awkward within a decade. The 1925 series was issued under Primo de Rivera's dictatorship, which had stabilized the peseta somewhat after the turbulence of the early 1920s, though Spain's public finances remained precarious throughout.
The Pick 69 series is known for ink oxidation on surviving examples, particularly around the central design area, a characteristic of Bradbury Wilkinson's ink formulations on Spanish contracts of this period.