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1000 Pesetas Instituto de la Vivienda de Madrid

Issuer Instituto de la Vivienda de Madrid
Year 1984
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Obverse description Pink underprint with blue and green guilloche vignette at upper right enclosing the numeral 1000. Bold blue letterpress text PAPEL DE FIANZAS at upper left, with the full bearer clause and date Madrid, 1 de Enero de 1984 in the lower body. Three manuscript signatures appear below the text, with CLASE C at lower left.
Obverse lettering 1000
PAPEL DE FIANZAS
El Instituto de la Vivienda de Madrid, a través de la entidad recaudadora, pagará al portador la cantidad de mil pesetas en concepto de devolución de fianza con arreglo al Decreto de 11 de Marzo del 1949
Madrid 1º. de Enero de 1984
CLASE C
(Translation: 1000
BAIL PAPER
The Madrid Housing Institute, through the collecting entity, will pay the bearer the amount of one thousand pesetas as a refund of the deposit in accordance with the Decree of March 11, 1949.
Madrid 1st. January 1984
CLASS C)
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Comments

The Instituto de la Vivienda de Madrid was a public housing agency, not a monetary authority — which makes its issuance of peseta-denominated paper instruments in 1984 genuinely odd. These were almost certainly vouchers or internal payment tokens tied to housing transactions or employee compensation schemes, issued during a period when Spain's regional administrations were expanding rapidly under the post-Franco decentralization process. Whether they carried any legal tender status is doubtful.

Documentation on this series is sparse, and surviving examples rarely surface in trade.

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