100 Pesetas replica

Pick 150 is a legitimate FNMT-issued note from the mid-Franco period, unremarkable in most respects. The word "replica" in the catalog name warrants a hard stop: if this is a facsimile or educational reproduction rather than a genuine circulating note, it has no numismatic value and should be cataloged separately from authentic examples of the series. FNMT-produced replicas of this period were occasionally issued for display or archival purposes, but they are not currency.

Verify against the original before assigning any premium.