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| 正面描述 | Central intaglio vignette of Rafael Esteve after a portrait by Francisco de Goya, set within an ornate engraved border with guilloche work and denomination numerals at corners. Bank title and promise-to-pay text appear to the right, with date, governor, interventor, and cashier signature lines below. |
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| 正面铭文 | 登录 以查看详情 |
| 背面描述 | Elaborate guilloche and lathe-work border enclosing a central lozenge-shaped medallion with interlocking geometric and floral motifs, at the centre of which a large numeral "50" appears within an oval cartouche. Denomination panel tablets are placed at top and bottom, with "50" numerals repeated in each corner. |
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Spain's Pick 1 is the earliest note listed for the Banco de España in standard catalogs, dating to the post-Restoration period when Alfonso XII had just reclaimed the throne. The FNMT reissued or reproduced early Banco de España designs at various points in the twentieth century for archival and commemorative purposes — this example is cataloged as a replica, meaning it was never legal tender and carries no monetary history of its own beyond documenting what the original series looked like.
Condition assessment on replicas is largely academic. The interest here is archival, not transactional.