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| 正面描述 | The obverse is dominated by a central crowned coat of arms flanked by the bank title on a ribbon scroll reading BANCO DE VALLADOLID, with the denomination CIEN rendered in large letterpress within a guilloche underprint cartouche at centre. Two serial number panels appear at left and right, with the bearer clause and issue date inscribed in script below the central vignette. Four manuscript signatures appear along the lower portion under the printed role titles, and the note bears several applied blue cancellation and liquidation stamps. |
|---|---|
| 正面铭文 | BANCO DE VALLADOLID CIEN El Banco pagará al portador CIEN reales vellon en efectivo Valladolid 1º de Agosto de 1857 EL COMISARIO REGIO / EL DIRECTOR / EL ADMINISTRADOR / EL CAJERO RVn 100 (Translation: Bank of Valladolid One Hundred will pay the bearer One Hundred Reales Vellon in cash Valladolid, 1st of August 1857 The Royal Commissioner / The Director / The Administrator / The Cashier) |
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The Banco de Valladolid was one of the short-lived provincial banks authorized under Spain's 1856 banking legislation, which briefly allowed regional institutions to issue their own notes before the Banco de España gradually absorbed that privilege over the following decades. Valladolid's bank survived barely a decade before consolidation ended its independent note-issuing function.
Provincial Spanish issues from this period are notoriously scarce in any condition — circulation was local and redemption rates were high, with surviving notes rarely escaping the archive or the furnace. P#S431 is among the less frequently encountered of the series.