Watch List notes:

500 pesetas. November 21, 1936. Series C. (Edifil 2017: 422a, Pick: 102a). Extraordinarily rare in this exceptional quality, original sizing, certainly one of the best known notes of this rare denomination. Uncirculated. PMG67EPQ package. (To give us an idea of the rarity, as of July 1, 2022, the ticket is the best rated in PMG)