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50 Escudos replica

Issuer Banco de España
Year 1873
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Currency Escudo (1864-1873)
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Obverse description Central vignette presents an allegory of industry and commerce, flanked on both sides by small landscape vignettes. The note carries the issuer title, denomination, and date in letterpress, with signature lines for the Governor, Auditor, and Cashier.
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Reverse lettering BANCO de ESPAÑA
CINCUENTA
Real Casa de la Moneda
Fabrica Nacional
de Moneda y Timbre
(Translation: BANK of SPAIN
FIFTY
Real Casa de la Moneda
Fabrica Nacional
de Moneda y Timbre)
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Comments

The Banco de España issued escudo-denominated paper in the early 1870s during a period of profound monetary instability on the peninsula — the peseta system was codified by the Decree of 19 October 1868, which legally replaced the escudo at a rate of 2.5 pesetas per escudo, meaning any escudo-denominated note issued in 1873 was already circulating in a currency that had nominally ceased to exist. Whether this reflects a transitional printing, a delayed issue, or administrative inertia at the Fábrica Nacional is worth establishing before attributing significance to the date.

This is catalogued as a replica. Treat the physical object accordingly.

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