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50 Pesetas

Issuer Banco de España
Year 1880
Type Standard circulation banknote
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Obverse lettering 50 PESETAS EL BANCO DE ESPAÑA pagará al portador CINCUENTA pesetas Madrid 1º de Abril de 1880 EL GOBERNADOR. EL INTERVENTOR. EL CAJERO EL CONDE DE CAMPOMANES
(Translation: The Bank of Spain will pay the bearer Fifty Pesetas Madrid, April 1, 1880 The Governor. The Comptroller. The Cashier The Count of Campomanes)
Reverse description Printed entirely in light violet, the reverse is dominated by a central circular guilloche medallion enclosing the numeral "50" within a rectangular cartouche, flanked by symmetrical cross-shaped geometric ornaments and repeated denomination numerals at the lateral margins. The top and bottom panels carry the denomination inscription within framed registers, while the left margin is filled with a dense diagonal lattice pattern, and the remaining field is covered with fine engine-turned lathe-work.
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Comments

The Banco de España's 1880 series was printed entirely in-house at the bank's own Madrid workshop — relatively unusual for Spanish notes of the period, when foreign printers still handled much of the country's currency production. The bank had only been granted its monopoly on note issuance in 1874, so these early issues represent the institution still consolidating its technical infrastructure.

Pick 20 is among the scarcer pieces from this series; surviving examples in any condition are infrequently encountered, likely a consequence of low original print runs and the aggressive recall campaigns that followed subsequent monetary reforms in the 1880s and 1890s.

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