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200 Reales de Vellón Banco de Valladolid

Issuer Banco de Valladolid
Year 1857
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Shape Rectangular
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Obverse description The upper central vignette presents the crowned coat of arms of Castile and León flanked by an ornate scrolled ribbon banner bearing the bank title "BANCO DE VALLADOLID" in bold letterpress. Serial number cartouches appear at left and right, with a central guilloche underprint repeating the denomination "DOSCIENTOS" in multiple registers. The lower portion carries the promise-to-pay text in manuscript-style letterpress above four manuscript signatures assigned to the Comisario Regio, Director, Administrador, and Cajero, with the denomination "Rv.n 200" set within a foliate border at foot.
Obverse lettering BANCO DE VALLADOLID DOSCIENTOS El Banco pagará al portador DOSCIENTOS reales vellon en efectivo Valladolid 1º de Agosto de 1857 EL COMISARIO REGIO / EL DIRECTOR / EL ADMINISTRADOR / EL CAJERO RVn 200
(Translation: Bank of Valladolid Two Hundred The Bank will pay the bearer Two Hundred Reales Vellon in cash Valladolid, 1st of August 1857 The Royal Commissioner / The Director / The Administrator / The Cashier)
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Comments

The Banco de Valladolid was one of several provincial banks authorized under Spain's 1856 banking legislation, which briefly allowed regional institutions to issue their own currency before the Banco de España gradually absorbed that privilege over the following two decades. Valladolid's notes circulated in a tight regional orbit — acceptance outside Castile was never guaranteed, and merchants in Madrid or Barcelona had little reason to honor provincial paper at face value.

The S-prefix in the Pick reference places this firmly in the specialized provincial category. Survivors are uncommon; most Spanish provincial bank notes were redeemed and pulped after consolidation.

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