1.000 Pesetas ESP Banknote (Banco de España (Madrid Issue)) 1949

1.000 Pesetas Peseta (Issued 1949)

The 1.000 Pesetas banknote issued by Banco de España in 1949 represents a distinctive period in Spanish monetary design, notable for its classical engraving technique and the prominent portraiture that dominated Spanish currency of the post-war era. The Madrid Issue designation reflects the central authority’s control over note production during this historically significant decade. Numismatically, this denomination serves as an excellent example of the elaborate security measures and artistic execution that characterised Spanish banknotes of the mid-twentieth century. The technical quality of the intaglio printing and the historical context of its issue make this note worthy of examination by those seeking to understand Spain’s monetary heritage.

On the front, the banknote displays a substantial portrait occupying the right side of the composition, rendered in fine black engraving against a pale cream background. The subject wears formal nineteenth-century dress including a decorated jacket with visible military orders and an ornate collar detail. The text “BANCO DE ESPAÑA” appears prominently in capitals at the top, with “PAGADERA AL PORTADOR” inscribed below in smaller lettering. The denomination is expressed as “MIL PESETAS” in large serif characters, with the numerical “1000” positioned in the upper left and lower right corners within decorative circular frames featuring radiating sunburst motifs. The serial number “00952813” is printed in red ink. A date line reading “Madrid 6 de Noviembre de 1949” appears in the lower left area. Handwritten or printed signatures appear below this date, with “EL GOBERNADOR” and “EL INTERVENTOR” designations marked in the document. Delicate guillochéd border patterns frame the entire note, featuring fine linear geometrical designs in green and cream tones. Additional decorative corner blocks repeat the denomination numerals and sunburst patterns.

The reverse displays an allegorical engraving in grey-brown tones showing multiple classical figures in a mythological scene, with draped figures and cherubs arranged across the composition. The “BANCO DE ESPAÑA” text appears at the top in capitals. The numerical denomination “1000” and text “MIL PESETAS” are positioned in the upper right corner within an ornamental frame. The serial number “07335105” appears in red ink in all four corners of the reverse. The background features elaborate decorative borders with ornamental flourishes and scrollwork executed in the same printing technique as the obverse, maintaining consistent artistic presentation across both sides of the note. The overall colour palette is monochromatic, rendered in grey-brown ink against a cream paper stock.

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