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500 Reales de Vellón Banco de Valladolid

Issuer Banco de Valladolid
Year 1857
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Value 500 Reales Vellon
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Obverse description The obverse is printed in black on white paper with an elaborate foliate and scrollwork border framing the entire design. At centre-top, two crowned royal coats of arms flank a central crowned shield vignette, with the bank name rendered in bold letterpress across a wide ribbon cartouche reading BANCO DE VALLADOLID. The denomination QUINIENTOS appears in large letters within a guilloche panel at centre, flanked by two serial number cartouches, with the bearer clause, place, and date inscribed below in italic script above four manuscript signature lines for the Comisario Regio, Director, Administrador, and Cajero; the denomination RVn 500 is repeated at the foot. Several blue administrative cancellation and liquidation stamps are applied over the face.
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Reverse description The reverse is unprinted, showing the plain paper stock with show-through of the obverse text and design elements visible in mirror image. Several blue ink administrative stamps from the Banco de Valladolid en Liquidación and manuscript annotations are applied to the reverse surface, along with handwritten signatures.
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Comments

The Banco de Valladolid was one of Spain's short-lived provincial banks authorized under the 1856 banking reform legislation, which briefly decentralized Spanish note issuance before the Banco de España absorbed most of these institutions in 1874. Valladolid's bank had a particularly brief operational window, and notes from this period survive in very small numbers — the province's economic weight never matched cities like Barcelona or Seville, and circulation was correspondingly thin.

The reales de vellón denomination itself was already an anachronism by 1857, Spain being mid-transition toward the escudo system that would arrive in 1864.

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