25 pesetas. 1907. Madrid. (Ed-318). Dated July 15. Patio of the Lions, Alhambra of Granada. Folds. Scarce. Choice VF. Est...150,00.

50 pesetas. 1907. Madrid. (Ed-319). Dated July 15. Burgos Cathedral. Central and transverse folds. Choice VF. Est...90,00.

100 pesetas. 1907. Madrid. (Ed-320). Dated July 15. Seville Cathedral. Central fold. Minor repairs and age stains on the lower margin. VF. Est...60,00.

25 pesetas. 1907. Madrid. (Ed-321). Dated July 15. Alcázar of Segovia. Folds and tears on the upper and lower margins. Rare. Choice F. Est...250,00.

1.000 pesetas. 1907. Madrid. (Ed-322). Dated July 15. Allegory of Agriculture and Royal Palace of Madrid. Folds. Minor paper tear on the left margin. Small repairs. Est...500,00.

1.000 pesetas. 1907. Madrid. (Ed-322Pa). Reverse color trial, Royal Palace of Madrid. Beautiful specimen. Very rare. Est...500,00.

25 pesetas. 1908. (Ed-NE14Pb). Dated December 1. Blue engraving trial of the reverse of a banknote that was never printed, on white paper with watermark. Engraving by Enrique Vaquer. Central fold. AU. Est...120,00.

25 pesetas. 1908. (Ed-NE14Pb). Dated December 1. Green engraving trial of the reverse of a banknote that was never printed, on white paper with watermark. Engraving by Enrique Vaquer. Almost MS. Est...120,00.

25 pesetas. 1908. (Ed-NE14Pb). Dated December 1. Lot of 2 engraving trials in green and brown of the reverse of a banknote that was never printed, on white paper with watermark. Engraving by Enrique Vaquer. Folds and tears on one of them. AU. Est...120,00.

1.000 pesetas. 1915. Madrid. (Ed-NE17Pa var.). Black engraving trial of the reverse of a banknote that was never issued. Engraving by Bartolomé Maura. Very rare. Mint state. Est...500,00.

50 pesetas. 1921. Bank of Reus for Discounts and Loans. Dated January 1. Mariá Fortuny. Series G. Lacking cashier’s signature. Scarce. XF. Est...90,00.

100 pesetas. 1921. Bank of Reus for Discounts and Loans. Dated January 1. Cristóbal Robuster. Series H. Lacking cashier’s signature. Scarce. XF. Est...90,00.

500 pesetas. 1921. Bank of Reus for Discounts and Loans. Dated January 1. Joan Prim i Prats. Series I. Lacking cashier’s signature. Scarce. XF. Est...90,00.

100 pesetas. 1925. Madrid. (Ed-323P). Dated July 1. Philip II. Control trial. Lacking cashier’s signature and punched "CANCELLED." Series C. Obverse with numbering 0,000,000; printed number 12,345 in red on upper margin; handwritten registry annotations from Bradbury & Wilkinson in blue ink. Reverse with circulation control numbers 0,000,001 and 10,000,000. Folds on the upper right corner. Extremely rare. AU. Est...750,00.

100 pesetas. 1931. Madrid. (Ed-360Pa). Dated April 25. Gonzalo Fernández de Córdoba. Obverse color trial. Lacking cashier’s signature and punch holes. Fold on the right side. Extremely rare. Est...700,00.

1.000 pesetas. 1931. Madrid. (Ed-362). Dated April 25. Portrait of José Zorrilla. Original sizing. Rare in this state of preservation. Mint state. Est...900,00.

500 pesetas. 1935. Madrid. (Ed-365). Dated January 7. Hernán Cortés. No series. Slightly wavy. Rare. Almost MS. Est...400,00.

25 pesetas. 1936. Madrid. (Ed-367a). Dated August 31. Joaquín Sorolla. Series A. Correlative pair. Almost MS. Est...300,00.

Lot of 4 banknotes from 1936-1937. Bilbao. Different preliminary signatures. Folds, small tears, and some stains. Est...60,00.

Dated September 25. Lot of 4 banknotes, complete series: 2.50 (black and red), 5, and 10 pesetas. (Ed-372, 372a, 373, and 374). All with folds. Choice F/Almost VF. Est...150,00.

Dated November 1, 1936. Santander. Complete series of 5 banknotes with different preliminary signatures: 5, 10, 25, 50, and 100 pesetas. (Ed-375/379). All with folds and tears. Almost F/Choice F. Est...70,00.

Lot of 10 banknotes, two complete series. 1936. Gijón. Two each of 5, 10, 25, 50, and 100 pesetas. (Ed. 380 to 384). All with folds and some with tears. Almost F/Choice VF. Est...120,00.

Lot of 6 banknotes. 1937. Bilbao. Two 5 pesetas, and one each of 10, 25, 50, and 100 pesetas. Folds. Choice F/Almost VF. Est...60,00.

Dated January 1, 1937. Bilbao. Series of 8 banknotes: 5 pesetas (with and without series), 10, 25, 50, 100, 500, and 1,000 pesetas. Unnumbered and with both stubs. Only slight stains on one of the 5 pesetas notes. (Ed-385/90, NE 26/27). Rare set. Est...600,00.

1.000 pesetas. 1937. (Ed-NE27a). Dated January 1. Unissued. Preliminary signature of the Banco de Bilbao. Original sizing. Mint state. Est...70,00.

1.000 pesetas. 1937. Bilbao. (Ed-NE27b). Dated January 1. Bilbao branch, preliminary signature of Banco Central. Unissued, without series or numbering, with both stubs. Wide lower margin. Mint state. Est...90,00.

Complete series. Consejo de Asturias y León. (Ed-395/398). 25, 40, 50 céntimos, 1 and 2 pesetas. All with folds except the 25 céntimos note. Almost VF/XF. Est...150,00.

25 pesetas. September 1937. Asturias y León. (Ed-NE29P). Reverse trial. Some small stains. Mint state. Est...75,00.

100 pesetas. September 1937. Gijón. (Ed-399). Without series and numbered. VF. Est...30,00.

100 pesetas. 1937. Gijón. (Ed-399b). September. Block of two unnumbered banknotes with stub. Some small stains. Rare. Almost MS. Est...350,00.

5 pesetas. 1936. Burgos. (Ed-417). Dated November 21, by José López Sánchez Toda. Washed and pressed. Some stains. Rare. Almost VF. Est...600,00.

10 pesetas. 1936. Burgos. (Ed-418). Dated November 21, by José López Sánchez Toda. Some stains. Rare. VF. Est...600,00.

500 pesetas. 1936. Burgos. (Ed-422a). Dated November 21. Salamanca Cathedral. Series B. Central fold and margin repairs. Scarce. VF. Est...150,00.

500 pesetas. 1938. Burgos. (Ed-433). Dated May 20. Cathedral of Santiago. Series A. Folds and small tears. Scarce. Choice F. Est...90,00.

1.000 pesetas. 1938. Burgos. (Ed-434). Dated May 20. Painting "Defense of the Pulpit of San Agustín." Series A. Folds and tears on the margins. Rare. Choice F. Est...100,00.

500 pesetas. 1940. Madrid. (Ed-439). Dated January 9. Juan de Austria. Series A. Pressed. Central fold with minor repairs at the ends. Choice VF. Est...200,00.

1.000 pesetas. 1940. Madrid. (Ed-440). Dated January 9. Bartolomé Murillo. Series A. Pressed. Central fold and minor repairs on the margins. Rare. Almost XF. Est...200,00.

1.000 pesetas. 1946. Madrid. (Ed-453). Dated February 19. Luis Vives. No series. Washed and pressed. Light central fold and minimal repairs on the margins. Almost XF. Est...120,00.

100 pesetas. 1970. Madrid. (Ed-472c). Dated November 17. Manuel de Falla. Series 3D. Central fold. Obverse printing error caused by paper fold on the lower left corner. Almost XF. Est...75,00.

5.000 pesetas. 1976. Madrid. (Ed-475). Dated February 6. Carlos III. No series. Light central fold and some wrinkles. Small stain on the reverse. XF. Est...45,00.

5.000 pesetas. 1976. Madrid. (Ed-475). Dated February 6. Carlos III. No series. Paper wrinkles. Almost MS. Est...60,00.

5.000 pesetas. 1979. Madrid. (Ed-478a). Dated October 23. Juan Carlos I. Series 1W. Printing error with almost the entire reverse engraving missing. XF. Est...50,00.

1.000 pesetas. 1992. Madrid. (Ed-483b). Dated October 12. Hernán Cortés. Series 2D. Obverse printing error due to partial missing engraving. Est...50,00.

25 pesetas. 1908. (Ed-NE14Pb). Dated December 1. Brown engraving proof of the reverse of a banknote that was never printed, on white paper with watermark. Engraving by Enrique Vaquer. Almost MS. Est...120,00.

Lot of 70 banknotes; denominations of 50 céntimos, 1, 2, 25, 50, 100, 500, and 1,000 pesetas. The vast majority with folds and some with minor repairs. Interesting group. A thorough examination is essential. NO RETURNS ACCEPTED. Choice F/Almost MS. Est...500,00.

Lot of 11 banknotes; denominations of 5, 25, 50, 100, 500, and 1,000 pesetas. Issues from 1936, 1938, and 1940. The vast majority with folds and some with tears. A thorough examination is essential. NO RETURNS ACCEPTED. F/Almost VF. Est...500,00.

Lot of 30 banknotes: denominations of 200, 500, 1,000, 2,000, 5,000, and 10,000 pesetas. Some consecutive pairs and triplets. The vast majority with series. A thorough examination is essential. NO RETURNS ACCEPTED. Choice VF/Mint state. Est...500,00.