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0.10 Pesetas Llosa de Ranes

Issuer Consejo Municipal de Llosa de Ranes
Year 1937
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Shape Rectangular
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Obverse lettering El Consejo Municipal DE LLOSA DE RANES PAGARÁ AL PORTADOR 0`10 Ptas.
(Translation: The Municipal Council of Llosa de Ranes Will pay the bearer 0.10 Pesetas)
Reverse description Unadorned cream card stock printed in red letterpress, bearing only the serial number designation in the upper left area. The remainder of the surface is entirely blank, consistent with the minimal production standards of Spanish Civil War municipal emergency issues.
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Llosa de Ranes is a small municipality in Valencia, and this 10-céntimo piece belongs to the vast wave of locally-issued emergency fractional currency that flooded Republican-held Spain during the Civil War. With the peseta hoarded and metal coinage effectively vanished from daily commerce, municipal councils across the Valencia region were forced to print their own substitutes — often on whatever card stock was at hand. The thick substrate here was a practical choice, not an aesthetic one; thin paper disintegrated quickly in pocket and purse.

Turró and Garicano both catalogue this type, reflecting how thoroughly these local emissions have been documented despite their humble origins. Survival rate is low — most circulated hard and briefly before being rendered worthless.

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