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100 Pesetas Banco de España - Bilbao
| Issuer | Banco de España, Bilbao |
|---|---|
| Year | 1937 |
| Type | Emergency banknote |
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|---|---|
| Obverse lettering | 100 EL BANCO DE ESPAÑA / BILBAO El Banco de España Pagará al portador CIEN pesetas BILBAO 1 de Enero de 1937 (Translation: The Bank of Spain / Bilbao The Bank of Spain Will pay the bearer One Hundred Pesetas Bilbao January 1, 1937) |
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| Reverse lettering | BANCO DE ESPAÑA 100 (Translation: Bank of Spain 100) |
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| Comments |
In the summer of 1937, Bilbao was one of the last Republican-held cities in the Basque Country, and the Banco de España's regional branch issued this note under conditions of active siege. The city fell to Franco's Nationalist forces on June 19, 1937, which effectively ended the useful life of any notes dated that year from this branch. Whether issued before or immediately around the fall, the circulation window was brutally short.
Notes from the Bilbao branch of this period carry the suffix letter identifying regional origin — a detail that distinguishes them from Madrid-issued notes of identical denomination and matters considerably to specialists tracking the Republican monetary fragmentation of the Civil War years.