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5 Pesetas replica
| Issuer | Banco de España |
|---|---|
| Year | 1938 |
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| Printer | Fábrica Nacional de Moneda y Timbre, Spain |
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| Obverse description | Olive-brown note with dense guilloche underprint covering the entire field. A large numeral '5' vignette occupies the left panel, framed by scrollwork and 'CINCO PESETAS' legend. Central area carries the date 'BURGOS, 10 DE AGOSTO DE 1938' with three facsimile signature lines below. 'REPRODUCCIÓN AUTORIZADA' printed at lower margin. |
|---|---|
| Obverse lettering | BANCO DE ESPAÑA CINCO PESETAS DE CURSO LEGAL BURGOS, 10 DE AGOSTO DE 1938 EL GOBERNADOR P. EL INTERVENTOR P. EL CAJERO REPRODUCCIÓN AUTORIZADA (Translation: BANK OF SPAIN FIVE PESETAS OF LEGAL COURSE BURGOS, AUGUST 10, 1938 THE GOVERNOR (signature) THE AUDITOR (signature) THE CASHIER (signature) AUTHORIZED REPRODUCTION) |
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| Comments |
Spain's Civil War created a fragmented monetary system in which Republican and Nationalist zones each issued their own currency, with neither side fully recognizing the other's paper. This note was issued by the Republican government's Banco de España during one of the conflict's most difficult years for the Loyalist side, when the fall of the northern industrial zones had already shifted the war's momentum decisively against the Republic.
The "replica" designation in modern catalogs reflects post-war Francoist legal doctrine, which retroactively declared Republican-issued currency null and void — effectively rebranding legitimate wartime issues as illegitimate copies of the pre-war national series. The FNMT had printed pre-war Banco de España notes from the same Madrid facility.