Bank.notes

Collection Spain #540

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100 Pesetas ESP

Spain 1948 1946_1989 VF P-137 Needs review ✦ AI 90%
mismatched_pair
Front · IMG_7277.HEIC cropped
Back · IMG_7278.HEIC cropped
Pair check: not yet checked
Identity

Where & when

Country Spain
Currency ESP
Denomination 100 Pesetas
Series name Issue of 1948
Series year
Issue year 1948
Era 1946_1989
Legal status demonetized
Predecessor currency
Successor currency Euro
Subjects & design

What's on the note

Front portrait Juan Sebastián Elcano
Reverse subject Generalife gardens at the Alhambra
Watermark
Color palette #8b4513,#d2b48c,#2f4f4f
Themes statesman,military,architecture
Language / script Latin

Front: The Generalife gardens and palace at the Alhambra complex in Granada, Spain. Built in the 13th–14th centuries as the summer palace and country estate of the Nasrid emirs of Granada, the Generalife is renowned for its terraced gardens, fountains, and courtyards; it is among the finest examples of Moorish garden architecture and a UNESCO World Heritage Site component of the Alhambra ensemble.

Back: Juan Sebastián Elcano (1476–1526), Spanish Basque navigator and explorer who completed the first circumnavigation of the Earth after Ferdinand Magellan's death in 1521. Elcano commanded the Victoria back to Spain in 1522, becoming the first person to successfully circle the globe; he is one of the most celebrated figures in Spanish maritime history and his feat established Spain as a global naval power.

Production

How it was made

Issuer Banco de España
Issuer (native)
Printer Fábrica Nacional de Moneda y Timbre
Engraver
Material paper
Dimensions (mm) 154x103

Signatures: El Gobernador: illegible; El Interventor: illegible; El Cajero: illegible

Security features: intaglio

Geography

Spain in Europe

Spain in Europe. Other countries on the same continent shown in muted grey.

The story

Background & history

This note belongs to the post-Civil War banknote series issued by Banco de España dated 5 March 1948 ("Madrid 5 de Marzo de 1948" printed on the back). The series was issued during Franco's dictatorship and circulated during Spain's economic reconstruction period. The 100 pesetas denomination was printed by the Fábrica Nacional de Moneda y Timbre (the Spanish national mint and printing works) as indicated by the printer's mark at the bottom of the back. This design pairing Elcano with the Generalife was part of Spain's nationalist cultural programme under Franco, emphasising Spanish imperial and cultural heritage. The peseta remained Spain's currency until the euro adoption in 2002. Pick catalogue reference P-137 with multiple signature varieties documented for this series.

Catalogue

Collector references

Pick # 137
Krause ID
Rarity tier common
Series range 1948–1953
Provenance

How it came to me

Acquired date
Acquired from
Acquired price
Currency
Condition
Grade VF
Serial number

Note shows moderate circulation with visible soiling, creases, and some edge wear. Paper remains intact with no tears visible.

Valuation

What it's worth now

$5–$15
Type default range $5–$15
Valuation history (1)
datelowhighcurrencysourcenote
2026-05-10 07:20:06 5.0 15.0 USD ai from claude-sonnet-4-5
Technical

History & extractions

AI extractions (2)
anthropic · claude-opus-4-5 2026-05-10 07:20:06
status: ok · step 2 · $0.2019 · 7373↓ + 1217↑ tokens
anthropic · claude-sonnet-4-5 2026-05-10 07:20:06
status: ok · step 1 · $0.0400 · 7373↓ + 1194↑ tokens
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