Catalog
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| Issuer | Banco de España |
|---|---|
| Year | 1937 |
| Type | Log in to see details |
| Value | 2 Pesetas (2 ESP) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 2. DOS PESETAS EL BANCO DE ESPAÑA PAGARÁ AL PORTADOR DOS PESETAS BURGOS 12 DE OCTUBRE DE 1937. II AÑO TRIUNFAL EL GOBERNADOR. EL INTERVENTOR. EL CAJERO CARTE VALORI COEN & C - MILANO (Translation: Two Pesetas The Bank of Spain Will pay the bearer Two Pesetas Burgos, October 12, 1937. 2nd Triumphal Year The Governor. The Comptroller. The Cashier) |
| Reverse description | Log in to see details |
| Reverse lettering | BANCO DE ESPAÑA 2 PESETAS CARTE VALORI COEN & C - MILANO (Translation: Bank of Spain 2 Pesetas) |
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| Comments |
Printed in Fascist Italy for a Republican Spain fighting for its survival — the political irony is not subtle. By 1937 the Republic had lost access to most of its pre-war printing infrastructure, and the contract with the Milan firm reflected the chaotic procurement scramble of the early war period rather than any ideological alignment. The note circulated in a zone where confidence in paper currency was already fragile and rapidly eroding.
The small physical size pushed this denomination toward fractional currency territory, filling a gap left by the near-disappearance of coin from active circulation.