Catalog
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| Issuer | Banco de España |
|---|---|
| Year | 1878 |
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| Composition | Paper |
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| Obverse lettering | EL BANCO DE ESPAÑA PAGARÁ AL PORTADOR CINCUENTA PESETAS Madrid 1º de Enero de 1878 EL GOBERNADOR EL INTERVENTOR EL CAJERO Real Casa de la Moneda Fabrica Nacional de Moneda y Timbre (Translation: THE BANK OF SPAIN WILL PAY THE BEARER FIFTY PESETAS MADRID January 1, 1878 THE GOVERNOR (signature) THE AUDITOR (signature) THE CASHIER (signature) (On the left) Real Casa de la Moneda Fabrica Nacional de Moneda y Timbre) |
| Reverse description | Two matching cameo-style circular vignettes, each bearing a left-facing female profile in classical style, set against a plain cream field. The entire note is framed by an ornate guilloche border with repeated '50' and '500' numerals. The denomination 'CINCUENTA PESETAS' appears in cartouches at top and bottom. |
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| Comments |
The Banco de España's 1878 50 Pesetas note belongs to the early years of the peseta system, which had been established by royal decree only in 1868 under the short-lived "Glorious Revolution" government. Spain's note-issuing infrastructure was still consolidating at this point — the Banco de España had only recently been granted its monopoly on issuance, formalized fully in 1874.
This is a replica. Buyer should be aware that the FNMT has produced authorized facsimile runs of early peseta-era notes for archival and educational distribution; whether this example belongs to one of those official productions or is of separate origin is worth establishing before attributing any numismatic premium.