Watch List notes:

El Banco de Espana, 500 pesetas, 9 January 1940, serial number A0583511, dark green on light orange, portrait of Don Juan de Austria in rectangular frame at right, arms low centre, value in ornate tablets top and low left, reverse, dramatic depiction of the Battle of Lepanto(Pick 119a, Ed. D40), a pleasing very fine, scarce.

Estimate: £300.00 - £350.00