SPAIN 1903 100 PESETAS ☆ PROOF" ☆ P-53p ☆ PMG-64 ☆ EPQ ☆ RARE ☆

Description

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SPAIN 1903 100 PESETAS ☆ PROOF" ☆ P-53p ☆ PMG-64 ☆ EPQ ☆ RARE ☆
6
NOTES GRADED by PMG TOTAL
4 IN PMG 64 THIS ONE BEING HIGHER  AND ONLY 1 HIGHER THEN THIS ONE.
( Exceptional Paper Quality )
MAGNIFICENT NOT, VERY RARE ☆
☆ EXCELLANTE CENTERED
☆
☆ CRISP PAPER
☆
VERY IMPRESIVE BANKNOTE
The 100 peseta bill was commissioned on
JUNE 1, 1903 on its obverse
we can see a bust of Velázquez
The original notes
with a print run of 4,000,000.
As a watermark we see Mercury's head
and its size is 128 x 89 mm.
It was put into circulation in October
1903
and was withdrawn in 1905.
Circulated for about three years only.
Features
Issuer
Spain
Issuing entity
Bank of Spain (Banco de España)
Ruling authority
Alfono XIII(1866-1931)
Type
Stamdard Banknote
Year
1903-1905
Value
100 Pesetas
Currency
Peseta
Composition
Paper
Size
128 x 89mm
Shape
Rectangular
Demonetized
Yes
References
P#53p
Obverse
Man holding a shovel (left) and boy with a palm branch (right)
Script:
Latin
Lettering:
100 PESETAS (repeated)
EL BANCO DE ESPAÑA
PAGARÁ AL PORTADOR CIEN PESETAS
Madrid 1º de julio de 1903
EL GOBERNADOR / EL INTERVENTOR / EL CAJERO (Signatures of Antonio García Alix, Emilio Rodero de la Calle and Luis Clemente Fabiani)
Translation:
100 Pesetas (repeated)
The Bank of Spain
will pay the carrier One Hundred Pesetas
Madrid, 1st of July of 1903
The Governor / The Auditor / The Cashier (Signatures of Antonio García Alix, Emilio Rodero de la Calle and Luis Clemente Fabiani)
Numista Rarity index:
100/100
THIS IS NOT A PROGRESSIVE PROOF, THIS IS A FULL "PROOF".
Progressive Proof
– A category of Proof
in which a partial intaglio or lithographic print was created in the developmental stages before completion of the final proof used for note production.
Proof
– A proof represents a preparatory stage in the design process prior to a note’s approval for production for circulation. Once the proof is approved, the plate is used for note production. A proof is a complete plate design printed on non-issued paper (typically India paper).
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