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1000 Pesetas

Issuer Banco de España
Year 1936
Type Standard circulation banknote
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Obverse description Brown and olive intaglio-printed note with a large ornate guilloche medallion at left enclosing the numeral "1000", with the text "MIL PESETAS" repeated within its border. The issuer's name "EL BANCO DE ESPAÑA" appears in bold letterpress at upper centre, above the large denomination legend "MIL PESETAS" and the bearer clause. The date "BURGOS, 21 DE NOVIEMBRE, DE 1936" is printed below, flanked by three facsimile signatures of the Governor, Auditor, and Cashier, with a repeating microtext border enclosing the entire design.
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Reverse lettering BANCO DE ESPAÑA 1000 / MIL PESETAS
(Translation: Bank of Spain One thousand pesetas)
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Comments

Printed in Leipzig by Giesecke & Devrient just as Spain was fracturing into civil war, this note was issued by the Republican government but quickly became unusable across Nationalist-held territory. The 1936 currency split was political as much as economic — both sides issued competing paper, and by late 1936 neither zone accepted the other's notes. Republican-issued high denominations like this one were particularly suspect, associated with a government the Nationalists were actively trying to erase.

Three signatories was unusual for Banco de España notes of this period and reflects a transitional institutional moment rather than any deliberate policy change.

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