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50 Pesetas

Issuer Banco de España
Year 1928
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Printer Bradbury Wilkinson and Company, United Kingdom (1856-1990)
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Obverse lettering 50 EL BANCO DE ESPAÑA PAGARÁ AL PORTADOR CINCUENTA PESETAS MADRID, 15 DE AGOSTO DE 1928 EL GOBERNADOR. EL INTERVENTOR. EL CAJERO VELAZQUEZ BRADBURY, WILKINSON Y Ca. GRABADORES, NEW MALDEN, SURREY, INGLATERRA.
(Translation: The Bank of Spain Will pay the bearer Fifty Pesetas Madrid, August 15, 1928 The Governor. The Comptroller. The Cashier)
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Protection description This note incorporates an inset watermark.
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Comments

Bradbury Wilkinson printed this series for Spain during a period of relative political stability under Primo de Rivera's dictatorship — a calm that would not last. The notes were prepared and issued before the peseta came under serious speculative pressure in 1929, which accelerated into the currency turbulence of the early Republic years. By then, the 1928 series was already ageing out of circulation.

Bradbury Wilkinson's intaglio work from this period is generally of high technical quality, and the New Malden plant had extensive experience printing for foreign governments. Spain's reliance on British security printers for this issue reflects the domestic printing industry's limited capacity for high-security banknote production at the time.

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