Spain. Bank of Spain. 1886 (1888-1898) Goya Issues. Date: 01.10.1886. Dimensions: 147 x 93 mm. Material: paper. Watermark: Mercury head / B DE E / 50. No security thread. 1,452,000 issued notes. Printer: Banco de España. Intro: 00.08.1888. Front and back printing in black, yellow and green. Texts in Spanish. Description of the front: small guilloche frame with the value "50" in an angle. From top to bottom: the numbering in black repeated twice, the issuing institute "EL BANCO DE ESPAÑA", the words "Pagará al portador (will pay to the bearer)", the watermark, the value in letters "CINCUENTA PESETAS", then the place and date of issue. Three signatures in black. A single combination of signatures with El Gobernador (The Governor), El Interventor (The Comptroller) and El Cajero (The Cashier). On the right, a portrait of the Spanish painter and engraver Francisco José de Goya y Lucientes, known as Francisco de Goya (1746-1828). On the left, an allegory of Painting represented by a standing woman holding a brush and a palette and a naked child holding a drawing board. Counterfoil on the left with “BANCO DE ESPAÑA” in vertical. Description of the back: frame and background composed of guilloche patterns and rosettes in dark green with the value "50" in rosettes on the sides and the watermark in the center. No specimen known for the Type.