Watch List notes:

Spain 500 Pesetas Pick 148 dated 22nd July 1954 (1958) serial number I 0929305, crisp EF minor pinhole, very small marginal rust and the highest denomination for this date issue. Blue on multicolour underprint featuring Ignacio Zuloaga a popular Spanish painter and Spain's Coat of Arms in the underprint on obverse. The reverse depicting one of Zuloaga's artworks named "Vista de Toledo". Printed by Fábrica Nacional de Moneda y Timbre, Madrid and watermarked with Igancio Zuloaga as on obverse but facing 3/4 left

Estimate: 45-70 GBP