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100 Reales de Vellón Banco de Zaragoza

Issuer Banco de Zaragoza
Year 1857
Type Standard circulation banknote
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Obverse description The obverse is printed in brown on white paper, with an elaborate letterpress border of guilloche ornaments and a right-side panel bearing the vertical inscription 'Rv.ª 100'. At centre, a crowned Spanish royal coat of arms flanked by two ornate oval cartouches bearing the bank name 'BANCO DE ZARAGOZA' in bold script, with serial number boxes at lower left and right. A central lozenge-shaped denomination underprint carries the repeated word 'Cien' as a security background, with the bold legend 'CIEN' superimposed, above three lines of italic text stating the promise to pay, the date 'Zaragoza, 14 de Mayo de 1857', and four manuscript signature lines below official title labels. Series designation 'Serie A' appears in a decorative cartouche at the foot.
Obverse lettering BANCO DE ZARAGOZA CIEN El Banco de Zaragoza á la presentacion de este Billete pagará al portador CIEN reales vellon en efectivo Zaragoza, 14 de Mayo de 1857 EL COMISARIO REGIO / EL DIRECTOR / EL INTERVENTOR / EL CAJERO Serie A
(Translation: Bank of Zaragoza One Hundred The Bank of Zaragoza upon presentation of this banknote will pay the bearer One Hundred Reales Vellon in cash Zaragoza, May 14, 1857 The Royal Commissioner / The Director / The Comptroller / The Cashier Series A)
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Comments

The Banco de Zaragoza was one of the provincial banks established under Spain's 1856 banking law, which briefly allowed regional institutions to issue their own notes before the Banco de España consolidated that privilege in 1874. This 100 Reales de Vellón note dates from the early years of that window — the reales de vellón denomination itself was already being phased out in favor of the escudo system introduced in 1864, meaning notes like this had a structurally short useful life from the outset.

Surviving examples from Zaragoza's provincial issues are scarce. The bank's circulation was geographically constrained to Aragon, and redemption pressure during the 1874 consolidation eliminated most of the remaining stock.

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