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0.50 Pesetas Allepuz

Issuer Consejo Municipal de Allepuz
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Currency Peseta (1936-1939)
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Obverse description Letterpress-printed in black on plain white paper, the note is enclosed within a simple ornamental border of repeating diamond and rule devices. The issuing authority 'Consejo Municipal ALLEPUZ' appears in bold capitals across the upper portion, separated from the denomination by a horizontal rule, with the value inscription 'VALE por 0'50 ptas.' set in large bold type in the lower half.
Obverse lettering Consejo Municipal ALLEPUZ VALE por 0`50 ptas.
(Translation: Municipal Council Allepuz Voucher for 0.50 Pesetas)
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Allepuz is a village in the Teruel province of Aragón — population in the hundreds even at its peak — yet like hundreds of other Spanish municipalities, it issued its own fractional paper currency during the Civil War years of 1936–1939. The collapse of small-denomination coinage in circulation forced town councils across Republican-held territory to print emergency notes locally, with no standardization in design, security, or paper stock. Consejo Municipal issues from villages this small were often handwritten or rubber-stamped affairs, produced in tiny quantities and rarely surviving in any number.