Spain 1875 - Banco de España 50 Pesetas Contemporary Counterfeit (Pick 7x)
This example bears large circular hole punches and an applied FALSO stamp, both representing official defacement measures after the note was identified as counterfeit. Such cancellations were applied by authorities to permanently remove fraudulent notes from circulation while preserving them for documentation, study, or evidentiary purposes. These markings form part of the object’s historical narrative rather than post-circulation damage. Read more →