Watch List notes:

(x) El Banco de Espana, 25 pesetas (2), 15 August 1928, blue and brown, Calderon de la Barca at right, 50 pesetas, 1928, purple, Velazquez at right, 100 pesetas, 1928, violet, Cervantes at left and 500 pesetas, 1928, green and mauve, Cisneros at left(Pick 74a, 75b, 76, 77), first very fine otherwise extremely fine or better (5).

Estimate: £100 - £120