Unapproved proposal of the obverse of a 500 Pesetas banknote in a "dollar type" format and dated in the proof itself in January 1961. The central vignette is a copper engraving, which gives us an idea of the importance of the work, require more resources from the factory itself, among others that of an expert engraver. For the test, the collage technique was basically used, using a geometric background in waves of backgrounds and superimposing separate elements such as the guilloché designs of the borders, the rosettes of the denominations, the vignette, its medallion and even a circular element for the watermark in which a proposal is appreciated. The texts on the banknote are outlined in ink. In addition, the design of the watermark is another element to note since it eliminates the possibility that it is a simple design exercise by including the signatures of the Administrator, Cashier and Governor.
The idea of the elongated banknote, similar to the North American banknote, seems to have been very present at the FNMT and this is reaffirmed by the collector and expert Don Ramón Cobo Huici, to whom we greatly appreciate his help in writing this technical description, since this insists in 1969 with another sketch of this same format (Edifil NE65P) along with other projects and values with the image of Francisco de Goya y Lucientes in traditional format. In addition, it should be added that other sketches were made in 1961 with the elongated format and by other artists, which endorses the idea that it was not a particular idea but the guideline of a department of the factory.
The proposal for this "dollar type" banknote is highly elaborate, not only because of its technique, but also because the reverse sketch in which the image of the interior of a church appears, possibly that of San Sebastián in Madrid, proves that obviously pairs with this piece. In short, we are facing a beautiful and spectacular piece with a relevant weight in the Spanish notaphilia of the twentieth century, both for the original proposal and for the quality of its execution.
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