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500 Pesetas

Issuer Banco de España
Year 1884
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Printer American Bank Note Company, New York, United States
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Obverse lettering 500 / QUINIENTAS EL BANCO DE ESPAÑA Pagará al portador Quinientas Pesetas MADRID, 1º DE ENERO DE 1884 EL GOBERNADOR / EL INTERVENTOR / EL CAJERO (Signatures of Juan Francisco Camacho, Benito Fariña Cisneros and Fernando Pérez Casariego)
(Translation: 500 / Five Hundred The Bank of Spain will pay the carrier Five Hundred Pesetas Madrid, 1st of January 1884 The Governor / The Auditor / The Cashier (Signatures of Juan Francisco Camacho, Benito Fariña Cisneros and Fernando Pérez Casariego))
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Reverse lettering BANCO DE ESPAÑA 500 AMERICAN BANK NOTE COMPANY, NEW YORK
(Translation: Bank of Spain 500)
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Comments

Banco de España turned to the American Bank Note Company for this series at a moment when domestic printing capacity was considered inadequate for the security demands of high-denomination notes. ABNC's New York workshops were then producing paper currency for governments across Latin America and beyond — Spain was simply one more client in a well-established transatlantic business.

Juan Francisco Camacho, one of the three signatories, had served as Minister of Finance under the Restoration government and was a principal architect of the 1874 decree that gave Banco de España its monopoly on note issue. His signature appearing on this note a decade later is a small biographical footnote worth registering.

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