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100 Pesetas

Issuer Banco de España
Year 1953
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In circulation to 1 January 2021
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Reverse lettering 100 BANCO DE ESPAÑA CIEN PESETAS
(Translation: Bank of Spain One Hundred Pesetas)
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Protection description A female head — Fuensanta, the favourite model of Julio Romero de Torres — based on a drawing by the artist.
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Comments

The 1953 series was issued under the Franco regime during Spain's period of autarky — a policy of economic self-sufficiency that kept the country isolated from Marshall Plan aid and produced chronic inflation. The 100 pesetas denomination was a significant sum at the time; average daily wages in Spain barely exceeded 30 pesetas, making this note anything but ordinary pocket change.

López Sánchez-Toda was the FNMT's most accomplished intaglio engraver of the mid-century, and his work on this series shows in the line depth. The FNMT handled both printing and engraving entirely in-house — unusual for a mid-century European issue of this quality.