50 Pesetas

Bradbury Wilkinson printed this series for the Banco de España during a period of significant political turbulence — the notes span the final years of the Primo de Rivera dictatorship and the brief transitional governments that preceded the Second Republic's proclamation in April 1931. That the same design circulated across such a rupture without modification says something about the practical priorities of the incoming republican administration, at least in the short term.

Bradbury Wilkinson's intaglio work for Spanish issues of this period is consistently fine, and the New Malden facility had long-established relationships with several European central banks for exactly this grade of security printing.