Spain. First Republic. Bank of Spain. 1874 Issues. Date: 01.07.1874. Dimensions: 190 x 103 mm. Material: paper. Watermark: 500. No security thread. 19,500 issued notes. Printer: Banco de España. Front printing in black and back in red. Texts in Spanish. Description of the front: frame made up of small patterns with the value “500” in the left corners. In the center at the top, the value “500” in a medallion and the banknote number in dark blue on the sides. Below, the issuing institute "EL BANCO DE ESPAÑA", "Pagará al portador (will pay to the bearer)", the value in letters "QUINIENTAS PESETAS", the place and the date of issue. On the left, a medallion with a seated young woman (Hispania) against the backdrop of the landscape with a lion by her side. Counterfoil at left with “BANCO DE ESPAÑA” in vertical. The signatures are printed in black at the bottom. A single combination of signatures with El Gobernador (The Governor), El Interventor (The Comptroller) and El Cajero (The Cashier). Description of the back: red frame composed of small guilloche patterns with the value "500" in the corners and on the sides. In the center, a large rose window with the value "500" in the middle and on the sides. Texts in Spanish. A proof of the front with large margins is known without overload, without signature of the Cashier without perforation and without numbering.