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0.50 Pesetas Argamasilla de Calatrava

Issuer Consejo Municipal de Argamasilla de Calatrava
Year 1937
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Currency Peseta (1936-1939)
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Reverse description The face value is set at centre, surrounded by a composition of geometric border designs and pictorial vignettes including a sailing ship, bunches of grapes, a rural house, and a smoking chimney, all rendered in black letterpress on plain paper stock.
Reverse lettering BONO POR VALOR DE 0,50 PTAS
(Translation: Bond for a value of 0.50 Pesetas)
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Comments

Argamasilla de Calatrava is a small municipality in Ciudad Real province, and like hundreds of Spanish towns during the Civil War, its local council issued emergency fractional currency when Republican-zone coin circulation collapsed almost entirely in 1937. These municipal emissions — locally called moneda local or vales — were stopgap instruments, authorized under desperate circumstances rather than any coherent monetary policy from Valencia or Madrid.

The thick card stock was a deliberate choice: thinner paper wore out within weeks under the volume of small transactions these notes were meant to handle. Gari Mon catalogues several Argamasilla types; the B variant suggests at least one earlier emission preceded this one.

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