Spain 5000 Pesetas banknote 1979 King Juan Carlos I

Spain Banknotes 5000 Pesetas banknote 1979 King Juan Carlos I
Spain Money Currency 5000 Pesetas banknote 1979 Royal Palace of Madrid
Spain Banknotes 5000 Pesetas banknote 1979 King Juan Carlos I
Bank of Spain - Banco de España

Obverse: Portrait of King Don Juan Carlos I; flower of lily, symbol of the Borbones (on both sides).
Reverse: Royal Palace of Madrid (Palacio de Oriente) View of the Palace from the Plaza de la Armeria; King's handwriting: "Para la Corona y para los demás órganos del estado, todas las aspiraciones son legítimas, y todas deben, en beneficio de la comunidad, limitarse recíprocamente".
Watermark: Portrait of King Don Juan Carlos I.
Size: 155 x 84 mm.

Spain Banknotes - Spain Paper Money
1979-1985 Issue

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King Juan Carlos I of Spain
Juan Carlos, in full Juan Carlos Alfonso Victor María de Borbón y Borbón (born January 5, 1938, Rome, Italy), king of Spain from 1975 to 2014. He acceded to the Spanish throne two days after the death of Francisco Franco. Juan Carlos was instrumental in Spain’s peaceful transition to democracy.
   Juan Carlos was the grandson of the last king, Alfonso XIII, who left Spain in 1931 and died in exile 10 years later, after renouncing his rights in favour of his third son, Juan Carlos Teresa Silverio Alfonso de Borbón y Battenberg, conde de Barcelona (1913–93), popularly known as Don Juan. (Alfonso’s eldest son had been killed in an automobile accident, and his second son renounced his rights in 1933 for medical reasons.) Don Juan married María de las Mercedes de Borbón y Orleans, and their elder son was Juan Carlos.
   Juan Carlos spent his early years in Italy and first came to Spain in 1947 for his education. After his father suggested in 1945 that Franco should step down as leader of the country and generally began opposing Falangist policies, Franco turned with increasing interest to Juan Carlos and his education, especially his military education. In 1955 Juan Carlos entered the General Military Academy at Zaragoza and later attended the Naval Military School at Marín in Pontevedra, the General Academy of the Air at San Javier in Murcia, and the University of Madrid. Juan Carlos was married in Athens on May 14, 1962, to Princess Sophia of Greece, daughter of King Paul. They had two daughters, Elena and Cristina, and a son, Felipe.
   A 1947 Francoist law abolished the republic and established Spain as a “representative monarchy,” though throughout the rest of Franco’s lifetime Spain remained without a ruling monarch. On July 22, 1969, Franco presented to the Cortes (parliament) a law designating Juan Carlos the future king of Spain. The move was facilitated by two events: in December 1968 the Carlist pretender, Carlos Hugo de Borbón-Parma, had been expelled from the country; and on January 7, 1969, Juan Carlos said for the first time that he would accept the throne if offered (previously he had maintained that his father’s claim preceded his own).
   Although Juan Carlos swore loyalty to Franco’s National Movement in 1969, he demonstrated far more liberal and democratic principles after his accession to the throne on November 22, 1975, appointing reformist prime minister Adolfo Suárez in 1976 and encouraging the revival of political parties and amnesty for political prisoners. In 1981 Juan Carlos underscored his democratic credentials by taking swift action to deflate a military coup that threatened to topple Spain’s nascent democracy and return the government to Franconian reactionary lines; in doing so, he alienated the military sector but preserved the state of democracy that made possible the accession of a socialist government in late 1982. Also, a liberal divorce law was passed in 1981 and a law granting limited abortion rights in 1983.
   In 1976 Juan Carlos became the first Spanish king to visit the Americas, and two years later he made the first of his three state visits to China. Throughout his tenure as king, he traveled abroad on many goodwill missions, including a 1985 trip to France, where he and French Pres. François Mitterrand signed an accord calling for military and political cooperation between their two countries; a meeting with U.S. Pres. Bill Clinton in 2000; and a surprise visit to Spanish troops in Afghanistan on New Year’s Eve 2007. The king remained popular with most Spaniards at home, but in the early 21st century his reign was tarnished by a corruption investigation involving Princess Cristina and her husband that shed light on the royal family’s finances. Juan Carlos also drew criticism for embarking on an elephant hunt in Botswana in 2012, a lavish trip at a time when the Spanish economy was in recession and many Spaniards faced unprecedented austerity. On June 18, 2014, he formally abdicated in favour of his son, Felipe.

Royal Palace of Madrid
The Palacio Real de Madrid (literally: Royal Palace of Madrid) is the official residence of the Spanish Royal Family at the city of Madrid, but is only used for state ceremonies. King Felipe VI and the Royal Family do not reside in the palace, choosing instead the more modest Palacio de la Zarzuela on the outskirts of Madrid. The palace is owned by the Spanish State and administered by the Patrimonio Nacional, a public agency of the Ministry of the Presidency. The palace is located on Calle de Bailén (Bailén Street), in the Western part of downtown Madrid, East of the Manzanares River, and is accessible from the Ópera metro station. Several rooms in the palace are regularly open to the public except during state functions. An admission fee of €12 is required except for residents of the Iberian Peninsula.
   The palace is on the site of a 9th-century fortress, called mayrit, constructed as an outpost by Muhammad I of Córdoba and inherited after 1036 by the independent Moorish Taifa of Toledo. After Madrid fell to Alfonso VI of Castile in 1083, the edifice was only rarely used by the kings of Castile. In 1329, King Alfonso XI of Castile convened the cortes of Madrid for the first time. Philip II moved his court to Madrid in 1561.
   The old Alcázar ("Castle") was built on the location in the 16th century. It burned 24 December 1734 and King Philip V ordered a new palace built on the same site. Construction spanned the years 1738 to 1755 and followed a Berniniesque design by Filippo Juvarra and Giovanni Battista Sacchetti in cooperation with Ventura Rodríguez, Francesco Sabatini, and Martín Sarmiento. Charles III first occupied the new palace in 1764.
   The last monarch who lived continuously in the palace was Alfonso XIII, although Manuel Azaña, president of the Second Republic, also inhabited it, making him the last head of state to do so. During that period the palace was known as "Palacio Nacional". There is still a room next to the Real Capilla, which is known by the name "Office of Azaña".
   The palace has 135,000 square metres (1,450,000 sq ft) of floorspace and contains 3,418 rooms. It is the largest palace in Europe by floor area. The interior of the palace is notable for its wealth of art and the use of many types of fine materials in the construction and the decoration of its rooms. These include paintings by artists such as Caravaggio, Velázquez and Francisco de Goya and frescoes by Corrado Giaquinto, Juan de Flandes, Giovanni Battista Tiepolo and Anton Raphael Mengs. Other collections of great historical and artistic importance preserved in the building include the Royal Armoury of Madrid, Porcelain, Watches, Furniture, Silverware and the world's only complete Stradivarius string quintet.