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0.25 Pesetas Benigánim

Issuer Consejo Municipal de Benigánim
Year 1937
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Composition Paper
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Obverse lettering El Consejo Municipal de Benigánim PAGARA AL PORTADOR 0`25 Ptas.
(Translation: The Municipal Council of Benigánim Will pay the bearer 0.25 Pesetas)
Reverse description Plain cream paper reverse, wholly unprinted save for a handstamped circular official seal in violet ink applied towards the upper right and a manuscript serial number inscribed in the centre; no typographic or decorative design elements are present.
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Benigánim is a small municipality in the Valencia province, and like hundreds of other Spanish towns during the Civil War, its municipal council issued emergency fractional currency — locally called *cartones* or *vales* — to address the near-total disappearance of small metal coinage from circulation. Silver and copper had been hoarded or requisitioned almost immediately after July 1936, leaving everyday transactions without a workable medium. Republican-zone towns were largely left to solve the problem themselves.

The Turró and Garicategui catalogues together document well over a thousand such local issues from the Valencia region alone. Benigánim's quarter-peseta is among the smaller-format municipal emissions, and survival rates for these cardboard or thin-paper issues are generally poor — they were ephemeral by design, intended to last only until the crisis passed. It never did, for most issuers.

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