1 Peseta

Features

Issuer	Spain
Issuing entity	Bank of Spain (Banco de España)
Ruling authority	Francisco Franco (1936-1975)
Type	Standard circulation banknotes
Year	1938
Value	1 Peseta (1 ESP)
Currency	Peseta (1868-2001)
Composition	Paper
Size	86 × 59 mm
Shape	Rectangular
Technique	Letterpress, Lithography
Issued	20 July 1938
Demonetized	Yes
Number	N# 222677
References	P# 107, 108 Standard Catalog of World Paper Money (10 volumes).

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Series: 1938 Civil War "Bank of Spain; Burgos" Nationalist Issue

Obverse

Black, brown and grey print; green underprint.
Coat of arms of Spain (nationalist faction) to the left. Geometric designs on perimeter and background.

Script: Latin

Lettering:
1
EL BANCO DE ESPAÑA
PAGARÁ AL PORTADOR UNA PESETA
BURGOS 30 DE ABRIL DE 1938. II AÑO TRIUNFAL
EL GOBERNADOR. EL INTERVENTOR. EL CAJERO
C. & C. BANCONOTE MILANO (ITALIA)

Translation:
The Bank of Spain
Will pay the bearer One Peseta
Burgos April 30, 1938. 2nd Triumphal Year
The Governor. The Comptroller. The Cashier

Reverse

Violet and yellow print; black serial number.
Geometric designs and wavy lines on background.

Script: Latin

Lettering:
1
BANCO DE ESPAÑA
1 PESETA
COEN & C. BANCONOTE MILANO (ITALIA)

Translation:
Bank of Spain
1 Peseta

Signatures

Ramón Artigas Gracia (RAG)	Governor
Antonio García Victoria (AGV)	Comptroller
Juan Villarroya Masfarner (JVM)	Cashier

Printer

Calcografía e Cartevalori (Carte Valori Coen & C.; Coen & C. Banconote), Milan, Italy

Comments

Banknotes issued by the Nationalist faction during the Civil War. Bank of Spain (headquarters in Burgos)
Two similar banknotes exist (Spain P#107 dated 28.02.1938 put in circulation on May 20, 1938 and Spain P#108 dated 30.04.1938 put in circulation on July 20, 1938).
(Images from the authorized website Banknote Museum)

Series: P#107 from A to G / P#108 from A to N

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Date	Signatures	No. printed	F	VF	XF	AU	UNC	References		Frequency
Undetermined
1938-Feb-28	RAG, AGV, JVM	62 000 000						P# 107a Standard Catalog of World Paper Money (10 volumes).	Issued note	36%
1938-Feb-28	RAG, AGV, JVM							P# 107s Standard Catalog of World Paper Money (10 volumes).	Specimen	0%
1938-Apr-30	RAG, AGV, JVM	118 000 000	$ 5.80	$ 8.70	$ 20	$ 23	$ 35	P# 108a Standard Catalog of World Paper Money (10 volumes).	Issued note	76%
1938-Apr-30	RAG, AGV, JVM							P# 108s Standard Catalog of World Paper Money (10 volumes).	Specimen	0%

Values in the table above are expressed in USD. They are based on evaluations by Numista users and sales realized on Internet platforms. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. Numista does not buy or sell coins or banknotes.

Frequencies show the percentage of Numista users who own each year or variety among all the users who own this banknote. Since some users own several versions, the sum may be greater than 100%.

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This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.

Past sales

Pictures	Sale	Date	Version	Grade	Sold price
	Katz Auction 118 Lot 1847	23 Mar 2024	Undetermined	UNC	USD 29.07 (EUR 25.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 147 Lot 3746	17 Dec 2024	Undetermined	XF	USD 19.77 (EUR 17.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 118 Lot 1846	23 Mar 2024	Undetermined	F	USD 52.33 (EUR 45.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.