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0.15 Pesetas Boltaña

Issuer Consejo Municipal de Boltaña
Year 1937
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Composition Paper
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Obverse description Printed in pink by letterpress on plain paper, the note is enclosed within a multi-line rectangular frame. The coat of arms of the Spanish Republic serves as the central vignette, flanked on either side by denomination figures and issuing authority inscriptions. The text is arranged in a compact typeset layout characteristic of wartime municipal emergency issues.
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Reverse description Printed in pink by letterpress, the reverse is enclosed within a perimeter border composed of small repeated squares, with a dotted guilloche-style pattern forming the background field. The denomination and issuing authority are set in bold letterpress type within the central field.
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Boltaña is a small municipality in the Aragonese Pyrenees, and like hundreds of similarly sized Spanish towns, it issued its own emergency fractional currency during the Civil War after the Republic's decree of 1937 authorizing local councils to produce small-denomination notes to address the near-total disappearance of metallic coinage from circulation. The 0.15 pesetas denomination is among the more idiosyncratic values produced during this period — a denomination that exists nowhere in the pre-war monetary system and reflects the ad hoc arithmetic of local commerce.

Survival rates for these Aragonese municipal emissions are unpredictable. Many councils printed tiny quantities, and wartime disruption meant records of exact mintages were rarely kept.