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0.25 Pesetas Busot
| Issuer | Ayuntamiento de Busot (Municipality of Busot) |
|---|---|
| Year | 1937 |
| Type | Log in to see details |
| Value | 25 Centimos (0.25 ESP) |
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| Composition | Log in to see details |
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| Obverse description | Typeset letterpress note with black text on plain paper, enclosed within a simple geometric rectangular border. The coat of arms of the Spanish Republic is printed at upper centre, serving as the sole vignette. The denomination and issuing authority legend are arranged in the central field in bold block lettering. |
|---|---|
| Obverse lettering | AYUNTAMIENTO DE BUSOT PAGARÁ EN BILLETES DEL BANCO DE ESPAÑA 0`25 PESETAS (Translation: City Council of Busot Will pay in banknotes of Bank of Spain 0.25 Pesetas) |
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| Comments |
Busot is a small village in the province of Alicante, and like hundreds of Spanish municipalities during the Civil War, it issued its own fractional paper currency in 1937 to address the near-total disappearance of metal coinage from circulation. Republican-zone hoarding and melting of coins for the war effort created a crippling small-change shortage — local councils had no legal authority to issue currency but did so anyway, out of practical necessity.
These village-level emissions were typically produced in very small print runs, often on whatever paper stock was locally available. Survival rates are uneven; many were redeemed and pulped, others simply lost.