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500 Reales de Vellón Banco de Zaragoza
| Issuer | Banco de Zaragoza |
|---|---|
| Year | 1857 |
| Type | Log in to see details |
| Value | 500 Reales Vellon |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO DE ZARAGOZA QUINIENTOS El Banco de Zaragoza a la presentacion de este Billete pagará al portador QUINIENTOS reales vellón en efectivo Zaragoza, 14 de Mayo de 1857 EL COMISARIO REGIO / EL DIRECTOR / EL INTERVENTOR / EL CAJERO Serie C Nº 02395 (Translation: Bank of Zaragoza Five Hundred The Bank of Zaragoza upon presentation of this banknote will pay the bearer Five Hundred Reales Vellon in cash Zaragoza, May 14, 1857 The Royal Commissioner / The Director / The Auditor / The Cashier Series C No. 02395) |
| Reverse description | Plain paper reverse with a single centrally placed ornamental cartouche printed in reddish-brown ink, enclosing the denomination numerals 500 flanking the word QUINIENTOS in a horizontal band with curved ends and a central circular medallion. The design is mirror-reversed relative to the obverse and constitutes the sole printed element on an otherwise unadorned surface. |
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| Comments |
The Banco de Zaragoza was one of several regional Spanish banks authorized under the 1856 banking legislation that briefly decentralized note issuance across the peninsula. It had a short operational life — the 1874 decree establishing the Banco de España's monopoly on note issue effectively abolished competing provincial banks, and most of their circulating paper was withdrawn and destroyed shortly after.
Survivors from the Zaragoza series are scarce precisely because provincial redemption was thorough. The reales de vellón denomination itself was already an anachronism by 1857, soon replaced by the escudo system in 1864.