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1000 Reales de Vellón Banco Español de San Fernando
| Issuer | Banco Español de San Fernando |
|---|---|
| Year | 1843 |
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| Value | Log in to see details |
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| Composition | Paper |
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| Obverse description | Printed in black and dark grey on plain paper stock, the note is dominated by the Bank's official seal at the top centre, below which a vignette shows a recumbent dog flanked by two cornucopias, a classical allegory of fidelity and abundance. The text block is enclosed within an oval geometric border formed by fine letterpress rules, with the handwritten serial number applied in black ink. |
|---|---|
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| Reverse description | The reverse is unprinted, showing the plain paper stock with several handwritten ink signatures applied by bank officials at the time of issue, along with handwritten annotations and a partial alphanumeric notation, consistent with authentication practice of the period. |
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| Comments |
The Banco Español de San Fernando was the direct predecessor to the Banco de España, inheriting its charter from the Banco de San Carlos — itself a casualty of the Napoleonic wars and subsequent fiscal collapse. By 1843, the institution was operating under a restructured mandate but still navigating the chronic instability of Isabel II's regency governments, which cycled through finance ministers at a rate that made consistent monetary policy nearly impossible.
A 1000 Reales de Vellón denomination was serious money at this date — roughly two months' wages for a skilled Madrid tradesman. Notes of this value rarely left the hands of merchants and financiers, which partly explains why surviving examples almost always show minimal fold wear.
The bank was absorbed into the newly chartered Banco de España in 1856.