Watch List notes:

El Banco de Espana, Bilbao, group of 1937 local issues including 5 pesetas Guipuzcoano & 25 pesetas Urquijo Vascongado, green blue and purple, some issued, others remainders, branch and signature printed lower right,, (Pick S561 c, dr, fr, S563 e, S564 fr, S565 ar, f, S567 ar & f), issued 1000 pesetas about uncirculated, other issued very fine, remainders all uncirculated, 2 listed as rare types in Pick (9).

Estimate: £150 - £300