Watch List notes:

(x) El Banco de Espana, 100 pesetas, 1953, brown, 5 pesetas, 1954, green, 25 pesetas, 1954, violet, 500 pesetas, 1954, blue, Picasso at centre and 100 pesetas, 1957, green, 'Reyes Catolicos' at centre(Pick 145a, 146a, 147a, 148a, 149a), extremely fine to uncirculated (5).

Estimate: £120 - £160