Spain. Bourbon Restoration. Bank of Spain. 1875 Issues. Date: 01.01.1875. Dimensions: 169 x 96 mm. Material: paper. Watermark: BANCO DE / 50 / ESPAÑA. No security thread. 245,000 issued notes. Printer: Bradbury Wilkinson & Company, London. Front printing in black and red and back in red. Texts in Spanish. Description of the front: two women lying down with the allegory of Commerce on the left and the allegory of Agriculture on the right. On the sides, two children symbolize Literature and the Arts. Below, the issuing institute "EL BANCO DE ESPAÑA", the black numbering repeated twice, "Pagará al portador (will pay to the bearer)", the value in letters "CINCUENTA PESETAS", then the place and date of issue. Below, two lions in medallions on the left and right. Three handwritten signatures in black. A single combination of signatures with El Gobernador (The Governor), El Interventor (The Comptroller) and El Cajero (The Cashier). Counterfoils left/right with "BANCO DE ESPAÑA" in vertical. Description of the back: red safety frame and background made up of small guilloche patterns with the value "50" in the corners and in the frame. On the sides, two oval medallions containing a portrait of a woman in profile. A proof is known without overprint, without signatures, without perforation and numbered "500001".