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50 Pesetas Banco de España - Santander

Issuer Banco de España, Santander
Year 1936
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Size 130 × 77 mm
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Obverse lettering EL BANCO DE ESPAÑA / SANTANDER Pagará al portador pesetas CINCUENTA Santander 1 de Noviembre de 1936 TIENE FONDOS / BANCO DE ESPAÑA
(Translation: The Bank of Spain - Santander Will pay the bearer Pesetas Fifty Santander, November 1, 1936 Have funds / Bank of Spain)
Reverse description Central vignette of a stylized female allegorical figure holding the Coat of Arms of the Spanish Republic and the Coat of Arms of Santander. To her right, a view of city buildings is rendered; to her left, the Bank of Spain building appears. The numeral 50 and the issuing authority inscription are placed within the overall composition.
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Comments

This note belongs to the brief autonomous emission series issued by regional branches of the Banco de España during the early weeks of the Civil War, before Madrid could reassert central control over currency supply. The Santander branch acted on local authority in the summer of 1936 — a window that closed quickly as the conflict hardened political and military lines.

Santander itself fell to Nationalist forces in August 1937, making the circulation life of this issue exceptionally short. Notes that survived did so largely outside the region.

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