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5 Pesetas Banco de España - Bilbao
| Issuer | Banco de España, Bilbao |
|---|---|
| Year | 1936 |
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| Value | Log in to see details |
| Currency | Peseta (1936-1939) |
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| Obverse description | The left portion of the note is occupied by a tall vertical guilloche vignette in red, incorporating the interlaced bank monogram of Banco de España within a central roundel, framed by ornate latticework. To the upper right, the denomination numeral '5' appears in a red panel flanked by 'Ptas' and a serial number in black. The body of the note carries the promise-to-pay text in cursive script, with 'BILBAO' and 'CINCO' in bold red lettering, the date 'Bilbao 30 de Agosto de 1936', the issuing authority 'CAJA DE AHORROS VIZCAÍNA' in capital letters, and a manuscript signature below. |
|---|---|
| Obverse lettering | Log in to see details |
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| Reverse lettering | Tiene fondos BANCO DE ESPAÑA, BILBAO. (Translation: Has funds Bank of Spain, Bilbao.) |
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| Comments |
Bilbao fell to Nationalist forces in June 1937, and the Republican-controlled Banco de España branch there issued emergency regional notes in 1936 precisely because the central Madrid apparatus had lost effective monetary control in the Basque provinces. This 5 Pesetas note belongs to that brief window of parallel Republican currency operation — a situation that produced multiple competing issue authorities across loyalist-held Spain, each printing under its own improvised mandate.
The Bilbao branch issues are notoriously short-lived in circulation terms. When the city was taken, remaining stocks were suppressed. Surviving circulated examples absorbed roughly eleven months of active use at most.