10 pesetas 1935
Market Prices
55 salesAbout This Note
This is a Spanish 10 Pesetas banknote from the 1935 emission by Banco de España, graded in Uncirculated condition. The note features an elegant portrait of a crowned female figure on the obverse and displays the characteristic ornate Art Nouveau-style decorative borders typical of Spanish currency from this era. While the front shows evidence of official processing with handwritten signatures and stamps across the center, the overall preservation is quite good, with the reverse showing minimal wear—making this an attractive example of interwar Spanish currency.
Common. Despite the historical significance of the 1935 emission, auction data from realbanknotes.com shows consistent availability with numerous sales across all grade ranges. UNC examples regularly sell for $10-$40 USD, with many VF and lower grade examples selling for under $5. The eBay price history spanning over a decade shows regular offerings without significant appreciation, indicating substantial surviving quantities. While historically interesting, this Pick number remains accessible to most collectors.
This note was issued during the final years of Spain's Second Republic (1931-1939), a tumultuous period marked by political instability that would culminate in the Spanish Civil War. The imagery reflects the republican ideals of the period, with the crowned female figure likely representing Hispania or Liberty. The 'Certificado de Plata' (Silver Certificate) designation indicates this currency was backed by Spain's silver reserves during this transitional monetary period.
The obverse features a classical portrait of Hispania (the female personification of Spain) wearing a decorative crown or diadem, positioned on the right side of the note facing left in the neoclassical style. She is surrounded by an ornate decorative border comprising fine scrollwork, floral motifs, and geometric patterns characteristic of early 20th-century security printing. The central area contains a complex geometric security pattern in multicolored inks. The reverse displays a more austere design with a prominent ornate cartouche containing the denomination '10' as the focal point, flanked by symmetrical floral wreaths and scrollwork elements, creating a formally balanced composition typical of official currency design standards.
Front side: 'BANCO DE ESPAÑA' (Bank of Spain), 'CERTIFICADO DE PLATA' (Silver Certificate), 'DIEZ PESETAS' (Ten Pesetas), 'DE CURSO LEGAL' (Of Legal Tender), 'EMISION 1935' (Issue 1935), Serial number 'A3,525,216', 'EL GOBERNADOR' (The Governor), 'EL INTERVENTOR' (The Auditor), 'EL CAJERO' (The Cashier), and denomination numeral '10'. Back side: 'BANCO DE ESPAÑA' (Bank of Spain), denomination '10' and 'PESETAS' (Pesetas).
This note was produced using engraved intaglio (recess) printing, as evidenced by the fine line work visible throughout the border designs and the sharp definition of the portrait and decorative elements. The multicolor printing on both sides demonstrates the sophisticated security printing capabilities of Bradbury Wilkinson of New Malden, the noted British security printer responsible for this issue. The intricate geometric patterns and scrollwork indicate hand-engraved steel plate production typical of premium banknote manufacture during the 1930s.
Serial number A3,525,216 is noted on this example. The PMG population report indicates one cataloged variant exists (P-86a), though the specific distinguishing characteristics of that variant are not detailed in the provided data. The visible handwritten signatures suggest official bank processing marks common to notes from this period. No printing varieties (such as date variations or overprints) are apparent from the visual analysis of this particular specimen.
