Watch List notes:

1000 Pesetas. May 20, 1938. Series A. (Edifil 2021: 434, Pick: 115a). Very rare, especially in this quality, original sizing. Uncirculated. Package PMG66EPQ. (To get an idea of the rarity, as of November 4, 2021, the banknote is the best rated along with five other PMG banknotes) (we warn of the note's size 104 mm x 180 mm, suggesting the possibility that the upper margin has been guillotined, a circumstance that PMG does not value, in any case we are forced to highlight it and adapt the starting price to said possibility) Informative note: We appreciate all the information that is sent to us, much of it in private forums to which we do not have access and we are informed indirectly. As it cannot be otherwise, we would like to influence our position totally against any type of manipulation and / or falsification made with the purpose of deceiving. The Iberphil-Ibercoin group participates and actively collaborates in expert committees demonstrating the sensitivity that within our company there is against these bad arts. We accept the restoration or beautification of the pieces, but only if the client is duly informed of it. Despite this specific incidence, we support the work of PMG (many collectors, and more and more, trust their work), since even though they are aware that they do not have absolute certainty, they give security to the market and encourage many people to enter our hobby, especially in important pieces. From here we dare to ask that their position not be trivialized, as we must also respect the classic collectors who do not want to encapsulate their banknotes. Ibercoin is neither against nor in favor of either option, we respect both and offer collectibles also in both ways. We must learn to live with both options, it is true that capsules are going through their golden age, the future will tell whether or not this option will last, but the reality is that today the price difference in the auctions of one and otherwise, as a general rule, it is important.