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50 Pesetas Provisional Issue, Handstamp

Issuer Banco de España
Year 1931
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Obverse description Black and grey intaglio print over red and ochre guilloche underprint; black serial number at lower right. Front-facing bust vignette of King Alfonso XIII at left, overprinted with a Republican handstamp. The Royal Palace of Madrid appears in a vignette along the lower margin, framed by geometric ornamental designs.
Obverse lettering 50 EL BANCO DE ESPAÑA PAGARÁ AL PORTADOR CINCUENTA PESETAS MADRID, 17 DE MAYO DE 1927 EL GOBERNADOR. EL INTERVENTOR. EL CAJERO BRADBURY, WILKINSON Y Ca. GRABADORES, NEW MALDEN, SURREY, INGLATERRA.
(Translation: The Bank of Spain Will pay the bearer Fifty Pesetas Madrid May 17, 1927. The Governor. The Comptroller. The Cashier)
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Comments

When Spain's Second Republic was proclaimed in April 1931, the new government needed to distinguish its currency from notes issued under the monarchy without commissioning an entirely new printing. The solution was a provisional handstamp applied to existing Bradbury Wilkinson stock — a stopgap that left the underlying monarchist imagery intact beneath the republican overprint, an awkward compromise that lasted only until purpose-designed republican notes could be prepared.

Handstamp placement varies considerably across surviving examples, and unevenly struck or partially applied impressions are common enough to be expected rather than exceptional.

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