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0.25 Pesetas Gandía

Issuer Consejo Municipal de Gandía
Year 1937
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Value 25 Centimos (0.25 ESP)
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Obverse description Letterpress-printed in black on plain paper, the obverse is framed by a geometric border with repeating oval and dash motifs. The municipal coat of arms of Gandía — two towers and a wall — appears to the left, while central block lettering reads the issuer name and denomination; the series letter and serial number are printed in red.
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Reverse lettering CONSEJO MUNICIPAL DE GANDIA 0`25 PESETAS Este bono es canjeable en el Consejo Municipal de Gandía
(Translation: Municipal Council of Gandia 0.25 Pesetas This bond is redeemable at the Municipal Council of Gandía)
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Comments

One of hundreds of local emergency notes printed across Republican-held Spain during the Civil War, this quarter-peseta from Gandía reflects the near-total collapse of small coinage in circulation by 1937. The Republican government's silver pesetas were being hoarded aggressively, and municipal councils throughout the Valencian region were left to improvise their own fractional currency just to keep markets functioning.

Gandía's Consejo Municipal issued these notes under the same legal framework — Decree of August 1936 — that authorized local authorities to fill the void. Most were redeemed or destroyed when central Republican treasury notes eventually filtered back into the region.

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