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100 Reales de Vellón Banco de España
| Issuer | Banco de España |
|---|---|
| Year | 1856 |
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| Shape | Rectangular |
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|---|---|
| Obverse lettering | BANCO DE ESPAÑA CIEN Reales Rv ON 100. El Banco pagará al portador CIEN Reales vellón en efectivo Madrid 1º de Mayo de 1856. El Gobernador El Cajero (Translation: Bank of Spain One Hundred Reales Reales Vellon 100 The Bank will pay the bearer One Hundred Reales vellon in cash Madrid, May 1, 1856. The Governor The Cashier) |
| Reverse description | This example is a period counterfeit (falso de época) rather than a genuine Banco de España issue; the reverse presents no authenticated design elements attributable to the official note. |
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| Comments |
The Banco de España was only formally constituted in 1856, the same year this note was issued — created by the merger of the Banco Español de San Fernando with the Banco de Isabel II under new enabling legislation. This is effectively first-year paper from an institution that had just been granted a monopoly over note issue in Madrid.
Reales de vellón as a unit were already living on borrowed time. Spain decimalized fully in 1868, replacing the real with the peseta, which makes notes denominated this way a narrow window — issued under one monetary system, obsolete within a decade.