1938 Spain 2 Pesetas Banknote – VF – República Española Civil War Currency

1938 Spain 2 Pesetas banknote was issued during the turbulent years of the Spanish Civil War under the República Española. Printed as part of the provisional currency series, this note reflects the economic instability and emergency monetary measures of late-1930s Spain.

The obverse features a classical allegorical female portrait framed by ornate security patterns and bold denomination panels, symbolizing the Republic. The reverse depicts an architectural bridge motif, representing infrastructure, unity, and endurance during a period of national conflict. The intricate guilloché designs and vivid typography make this issue highly collectible.

This example grades Very Fine (VF), showing moderate circulation wear consistent with wartime usage. Design elements remain clear and well-defined, with intact borders, readable signatures, and visible serial numbers. A desirable historical piece for collectors of Spanish Civil War currency, European banknotes, or early 20th-century emergency issues.