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2000 Reales de Vellón Banco de Valladolid

Issuer Banco de Valladolid
Year 1857
Type Standard circulation banknote
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Obverse description The obverse is executed in intaglio on a cream paper field, framed by an ornate letterpress border of foliate and grapevine scrollwork running along all four edges, with the bank name BANCO DE VALLADOLID arching across the upper portion on a ribbon scroll surmounted by the crowned Royal Arms of Spain at centre. A guilloche underprint panel at mid-field carries the repeated legend DOS MIL, above the manuscript promise line, the date Valladolid 1º de Agosto de 1857, and four signature lines for El Comisario Regio, El Director, El Administrador, and El Cajero; serial number cartouches appear at left and right, and the denomination Rvn 2000 is set in a rectangular panel at the foot.
Obverse lettering BANCO DE VALLADOLID DOS MIL El Banco pagará al portador DOS MIL reales vellon en efectivo Valladolid 1º de Agosto de 1857 EL COMISARIO REGIO / EL DIRECTOR / EL ADMINISTRADOR / EL CAJERO RVn 2000
(Translation: Bank of Valladolid Two Thousand will pay the bearer Two Thousand 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 Spanish banks authorized under the 1856 banking law, which briefly liberalized note-issuing rights beyond the Banco de España. That window closed faster than most expected — the 1874 decree granted the Banco de España a national monopoly, and the provincial banks were absorbed or wound up. The Valladolid bank's active period of circulation was short, which partly accounts for the rarity of its surviving notes.

The 2000 reales de vellón denomination reflects the pre-peseta accounting system still in use in 1857, roughly two years before the escudo transition began displacing it.

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