Catalog
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| Issuer | Banco de España, Bilbao |
|---|---|
| Year | 1937 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | 160 × 106 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 1000 EL BANCO DE ESPAÑA / BILBAO El Banco de España Pagará al portador MIL pesetas BILBAO 1 de Enero de 1937 (Translation: The Bank of Spain / Bilbao The Bank of Spain Will pay the bearer One Thousand Pesetas Bilbao January 1, 1937) |
| Reverse description | Log in to see details |
| Reverse lettering | BANCO DE ESPAÑA 1000 (Translation: Bank of Spain 1000) |
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| Comments |
Bilbao's isolation during the Basque campaign of 1937 made independent currency issuance a practical necessity. The Basque regional government, operating under its statute of autonomy, authorized Banco de España branches in Republican-controlled territory to issue their own notes — a fragmentation of what had nominally been a unified national bank. This note is a direct product of that administrative fracture.
Huecograbado Arte y Editorial Vasca was a local commercial printing firm pressed into emergency service. The result is competent but visibly modest against Madrid-era production standards. Bilbao fell to Nationalist forces on 19 June 1937, cutting the note's circulation window to a matter of weeks.