Watch List notes:

Spain El Banco De Espana 500 Pesetas Pick 73c Republic issue (1936) dated 24th July 1927 serial number 1897289 blue and brown on orange and green underprint featuring Isabel La Catolica at right & Lions Court at Alhambra at centre on obverse and Crowned Coat of Arms with stylized Eagle and 2 lions at centre on reverse. GEF - About UNC and Scarce highest denomination for series

Estimate: 40-80 GBP