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5 Pesetas

Issuer Banco de España
Year 1943
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Shape Rectangular
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Obverse lettering 5 BANCO DE ESPAÑA CINCO PESETAS DE CURSO LEGAL MADRID 13 DE FEBRERO DE 1943 EL GOBERNADOR. EL INTERVENTOR. EL CAJERO FCA NAL DE MONEDA Y TIMBRE
(Translation: Bank of Spain Five Pesetas legal tender Madrid, February 13, 1943 The Governor. The Comptroller. The Cashier)
Reverse description Black intaglio print; red serial numbers. Central vignette reproduces a fragment of Eduardo Cano de la Peña's painting 'Christopher Columbus at the Convent of La Rábida' (held at the Palace of the Senate, Madrid). An armillary sphere or terrestrial globe appears at the lower left, surrounded by geometric and floral ornamental designs.
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Spain's wartime economy in 1943 was still grinding through the autarky period — Franco's deliberate isolation from international markets had produced chronic shortages, including of quality paper and printing materials. The FNMT managed the entire output domestically, which was as much a political statement as a logistical one.

López Sánchez-Toda was among the most skilled engravers working at the FNMT during this period, responsible for a number of Spanish issues across the 1940s. The 5 pesetas denomination circulated heavily at this level and worn examples are far more common than intact ones — low-value notes in postwar Spain were used hard.