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0.50 Francos

Issuer Servicios Municipales / Junta de Servicios Municipales de Tánger
Year 1941-1942
Type Emergency banknote
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Obverse description Plain white ground with fine guilloche border pattern. Serial number and series letter at each corner. Three manuscript signatures below central text block.
Obverse lettering Serie A · Canjeable en la Caja de los Servicios Municipales · TANGER, AGOSTO DE 1941 · El Jefe de los Servicios Municipales · El Interventor de Fondos · El Depositario
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Comments

Tánger's wartime municipal scrip exists because the International Zone of Tangier had its peculiar administration suspended in June 1940 when Spain moved in and took unilateral control of the city — a fait accompli the other zone powers were in no position to contest. Small-denomination fractional notes became a practical necessity almost immediately, as metal coinage disappeared into hoarding and the normal banking channels were severely disrupted.

The Servicios Municipales issued these notes on municipal authority alone, without backing from any central bank. The series is thinly documented, and surviving examples in any grade are rarely encountered outside Iberian collections.