Watch List notes:

El Banco de Espana, 500 pesetas, 7 January 1935, serial number 1382225, blue on multicolour underprint, portrait Hernan Cortez at left, palace low right, value in green and pink tablet at centre, ornate border, reverse, bank title top centre, depiction of Cortez with troops and Mexican tribe, column at left and right(Pick 89, Ed. C16), uncirculated thus rare.

Estimate: £800.00 - £1,000.00