1951 Spain 1 Peseta - XF – Banco de España – Miguel de Cervantes – De Curso Legal

1951 Spain 1 Peseta banknote, issued by the Banco de España and dated Madrid, 19 de Noviembre de 1951. This small-denomination note is a classic post–World War II Spanish issue and an essential type for collectors of mid-20th-century European paper money.

The obverse features a finely engraved portrait of Miguel de Cervantes, Spain’s most celebrated literary figure and author of Don Quixote. The note displays the inscription “UNA PESETA DE CURSO LEGAL”, along with official signatures and strong ornamental border engraving. The design reflects Spain’s cultural emphasis during the early Franco era, with clear typography and traditional engraving style.

The reverse showcases a symbolic vignette of books, writing tools, and scholarly objects, representing literature, learning, and intellectual heritage. The denomination “1” appears prominently at the corners, with a detailed guilloché pattern providing visual depth and security. Serial number E8238055 is clearly printed.

Printed by the Fábrica Nacional de Moneda y Timbre, this note offers excellent detail for its denomination and is popular with collectors assembling type sets, Cervantes-themed collections, or postwar European currency holdings.

A clean and historically interesting example of modern Spanish paper money.