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1000 Reales de Vellón Banco de Valladolid

Issuer Banco de Valladolid
Year 1857
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Value 1000 Reales Vellon
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Obverse description The obverse is framed by an elaborate engraved foliate and guilloche border. At centre, a crowned royal coat of arms is flanked on either side by serial number cartouches reading "Nº01549", with the denomination "MIL" set within a guilloche underprint panel below. The bank title "BANCO DE VALLADOLID" appears in large letterpress text across the top, with the promise-to-pay inscription, date, and four signature lines for the Comisario Regio, Director, Administrador, and Cajero arranged across the lower portion, above the denomination notation "Rvn 1000" at bottom right.
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Reverse description The reverse is essentially plain, showing only the faint ghosted impression of the obverse printing visible through the paper, with no printed design or lettering.
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Comments

The Banco de Valladolid was one of the provincial emission banks briefly licensed under Spain's 1856 banking law, which authorized limited note-issuing rights outside Madrid in an attempt to stimulate regional credit. The experiment was short-lived — the Banco de España absorbed most provincial issuers by 1874, and circulation of these regional notes was always geographically constrained, legally limited to the issuing province.

At 1,000 reales de vellón, this is a high-denomination instrument from a bank with a modest capital base and a narrow catchment area. Few would have passed through ordinary commercial hands.

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