Watch List notes:

El Banco de Espana, an unissued 1000 pesetas, ND (1940), serial number A 1.866.574, green, orange and brown, B. Murillo at centre, value in left field, reverse pink-red, painting 'NINOS CONTANDO DINERO' at centre, value at right, (Pick 120a), very fine, scarce.

Estimate: £200 - £250