Watch List notes:

(x) El Banco De Espana, 1 Peseta, 500 Pesetas (2), 1931-40, serial number 8338788, 1411942, A2.803.362, 500P (1) chestnut and blue on multicolour underprint, obverse Juan Sebastian de Elcano at left and Elias Savaverria's painting 'Disembarkation' at centre; 500P (1) dark green obverse with John of Austria at right and naval battle of Lepanto to reverse, 1P Santa Maria centre obverse and denomination with serial numbers to reverse.(Pick 122a., 84, 119a.) extremely fine, evidence of slight creasing or folds (3).

Estimate: £350 - £450