| Issuer |
Spain
|
|---|---|
| Issuing entity | Bank of Spain (Banco de España) |
| King |
Alfonso XIII (1886-1931)
|
| Type | Standard circulation banknotes |
| Year | 1886 |
| Value | 25 Pesetas (25 ESP) |
| Currency | Peseta (1868-2001) |
| Composition | Paper |
| Size | 100 × 75 mm |
| Shape | Rectangular |
| Technique | Intaglio, Letterpress, Lithography |
| Demonetized | Yes |
| Number | N# 326145 |
| References | P# 34 Standard Catalog of World Paper Money (10 volumes). |
Series: 1886 "Francisco de Goya" Issue
Black print; black serial number.
Bust of the Spanish painter Francisco de Goya frant-facing flanked by a classic male bust and column capital. Painter's palette, basket of fruits, book, harp and bay leaves on the sides. Geometric designs.
Scripts: Latin, Latin (cursive)
Lettering:
25 PESETAS
EL BANCO DE ESPAÑA
pagará al portador VEINTICINCO PESETAS
GOYA
Madrid 1º de Octubre de 1886
El Gobernador. El Interventor. El Cajero
Translation:
The Bank of Spain
will pay the bearer Twenty-Five Pesetas
Madrid, October 1, 1886
The Governor. The Comptroller. The Cashier
Red-violet print.
Face value between geometric designs.
Script: Latin
Lettering: 25 PESETAS
Two areas for the watermark, in both there is a head in profile looking to the right.
"Banco de España" at the bottom of the note.
Crossbars on the left margin, under the security threads.
| Salvador Albacete y Albert (SAA) | Governor |
|
| Julián Llorente Lázaro (JLL) | Comptroller |
|
| Fernando Pérez Casariego (FPC) | Cashier |
|
The obverse is the same as the 25 Pesetas of 1889 (Pick#39), but the reverse is different. (Image from the authorized website Banknote Museum)

This banknote, together with its "obverse twin" issued in 1889, are the only Spanish ones with a double window for the watermark. These banknotes are printed on thick paper. Although due to the manipulations, ironing and others, they are located with the thin paper.
Issue 1886: On August 10, 1885, the General Council of the Bank had determined that all its banknotes would henceforth be made in Spain, "under the immediate direction, inspection and surveillance of the Central Administration and in the same building in which it has its offices." The foreign orders had therefore ended for the moment. The Council also agrees that a single and permanent banknote be studied and prepared for the future.
Francisco José de Goya y Lucientes (30 March 1746 – 16 April 1828) was a Spanish romantic painter and printmaker. He is considered the most important Spanish artist of the late 18th and early 19th centuries. His paintings, drawings, and engravings reflected contemporary historical upheavals and influenced important 19th- and 20th-century painters. Goya is often referred to as the last of the Old Masters and the first of the Moderns.
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| Date | Signatures | No. printed | VG | F | VF | XF | AU | UNC | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Undetermined | |||||||||||||||
| 1886-Oct-01 | SAA, JLL, FPC |
|
2 959 000 | ||||||||||||
No member from this site currently wants to exchange it.
| Pictures | Sale | Date | Grade | Sold price | |
|---|---|---|---|---|---|
|
Katz Auction 148 Lot 4250
|
11 Jan 2025 |
USD 8074.15
(EUR 7000.00) (+ buyer's premium) |
|||
| © Katz Coins Notes & Supplies Corp. | |||||
|
Katz Auction 137 Lot 863
|
11 Sep 2024 | Unsold | |||
| © Katz Coins Notes & Supplies Corp. | |||||