A festive Spain (España) 20 pesetas Christmas issue from 1987, featuring two bright red ornaments suspended from pine branches against a deep blue, star-lit winter sky. The bold contrast of red baubles and golden star creates a warm seasonal charm typical of Spain’s late-1980s holiday designs. Printed by F.N.M.T., the artwork blends modern illustration with classic Christmas symbolism. Part of the annual Navidad series, it’s a popular thematic choice for Christmas, decorations, and holiday traditions collections. A colorful and attractive addition for collectors seeking European festive issues with strong visual appeal.