1954 Spain 5 Pesetas VF – Banco de España | Alfonso X | Madrid Issue

1954 Spain 5 Pesetas note was issued by the Banco de España and dated Madrid, 22 de Julio de 1954. The obverse features a finely engraved portrait of King Alfonso X “El Sabio”, a revered medieval monarch known for his contributions to law, culture, and learning. The design is framed by elegant guilloché patterns, official signatures, and bold denomination cartouches.

The reverse depicts the Banco de España building in Madrid, rendered in detailed architectural engraving that highlights Spain’s financial heritage. Printed by Fábrica Nacional de Moneda y Timbre, this note exemplifies mid-20th-century Spanish paper money craftsmanship and classic design aesthetics.

An excellent collectible for those specializing in Spanish pesetas, European historical currency, or portrait-themed world paper money.