Spanish, Fabrica de Vinalesa, Valencia

Spanish, Fabrica de Vinalesa, Valencia, Image & Found by Tony Brandwood.
Found Todmorden Lancashire, 18mm.

VALENCIA, FABRICA.DE.VINALESA* around // TC monogram in rhombus

*From Paul Cannon, "I wonder if this reads (from 8 o’clock) FABRICA DE VINALESA / VALENCIA. If I am right I think it may relate to the silk factory at Vinalesa. According to the following history it also produced more mundane fabrics later in its life - Fábrica de seda de Vinalesa"