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2 Pesetas replica

Issuer Ministerio de Hacienda y Economía, República Española
Year 1938
Type Replica banknote
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Obverse description Central oval vignette of a female allegorical figure of the Republic, wearing a laurel wreath and classical dress, set against a blue guilloche underprint with the numeral "2" flanking both sides. Issuing authority and denomination inscriptions appear at lower centre, with serial number and letter prefix at left.
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Reverse description Central oval vignette of the Puente de Toledo (Toledo Bridge, Madrid) rendered in fine intaglio, flanked by large numerals "2" and the denomination "PESETAS" on each side, all set within an elaborate purple guilloche border. Printer's name appears in a decorative vertical panel at right.
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Comments

The 1938 Republican 2 Pesetas series was issued by the Ministerio de Hacienda y Economía during the final, desperate phase of the Civil War, when the Republican government had lost control of much of its industrial base and was printing currency under active military threat. The Fábrica Nacional de Moneda y Timbre in Madrid continued operating for the Republic until the city's fall in March 1939.

This particular listing is a replica — worth noting clearly, as P#95 originals do surface, and the distinction matters considerably. The original series is notable for its relatively clean production quality given the circumstances of issue.

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