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5 Pesos Regent Queen Maria Cristina
| Issuer | Banco Español de Puerto Rico |
|---|---|
| Year | 1894-1897 |
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| Composition | Log in to see details |
| Size | 119 × 69 mm |
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| Obverse description | Black print on brown and yellow underprint. Portrait of Queen Mother and Regent of Spain, Maria Christina, in vignette at left; a seated child painting appears in vignette at right. Intricate guilloche work frames the central design. |
|---|---|
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| Variants | P#26a - 01.07.1897 P#26b - overprint MAYAGÜEZ 01.12.1894 |
| Comments |
The Banco Español de Puerto Rico was a colonial institution chartered by royal decree in 1888, and its notes circulated on an island that would change sovereignty entirely within a decade. This issue predates the Spanish-American War by only a few years — by 1899, Puerto Rico was under American military administration and the peso had been replaced by the U.S. dollar at a fixed exchange rate that many Puerto Rican merchants considered punishing.
American Bank Note Company printed the series despite Spain's colonial authority, a commercial arrangement that would prove quietly ironic given what followed in 1898. The regency of María Cristina of Austria, for whom the note is named, ended abruptly when Alfonso XIII came of age in 1902 — well after the notes had ceased to be legal tender.