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50 Pesetas replica

Issuer Banco de España
Year 1927
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Size 158 x 92 mm
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Obverse description Left vignette presents an intaglio portrait of King Alfonso XIII; the lower central area bears a vignette of the Royal Palace of Madrid. Surrounding text includes the issuing authority, denomination in full, and the date 17 de Mayo de 1927, with three signature lines for the Interventor, Gobernador, and Cajero.
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Reverse description Central intaglio vignette reproduces José Moreno Carbonero's painting "La Fundación de Buenos Aires por Don Juan de Garay", rendered in fine line engraving. The composition fills the note field, framed by guilloche borders, with the bank name and painting title inscribed below.
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Comments

Bradbury, Wilkinson & Co. produced several Spanish issues during the 1920s, and the P-69 series was among the more technically accomplished of them — the firm's intaglio work was considered among the finest available to foreign governments contracting out their security printing during that period. Spain's reliance on British and French printers for prestige issues was largely a function of domestic capacity constraints, not preference.

This is a replica, not an original issue. Handling and attribution should reflect that accordingly.

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