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0.50 Pesetas Madrid

Issuer Ayuntamiento de Madrid (Municipality of Madrid)
Year 1936
Type Emergency banknote
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Obverse lettering REPUBLICA ESPAÑOLA AYUNTAMIENTO DE MADRID El portador de este VALE es familia de combatiente en las Milicias y recibirá contra el mismo hasta 0,50 pesetas, en géneros alimenticios o combustibles exclusivamente, que adquirirá en cualquier establecimiento de los enclavados dentro del término municipal de Madrid. Madrid, 17 de septiembre de 1936. El Alcalde Presidente, Vale 0,50 pesetas Caduca a los dos días de su fecha.
(Translation: Spanish Republic City Council of Madrid The bearer of this Voucher is family of a combatant in the Militia and will receive up to a value of 0.50 Pesetas, in food or fuel products exclusively that will be purchased in any establishment located within the municipal term of Madrid. Madrid, September 17, 1936. The Mayor President, It is worth 0.50 Pesetas Expires two days from its date.)
Reverse description Reverse is entirely blank, printed on plain uncoated paper with no design, text, or security elements.
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Comments

When the Spanish Civil War severed Madrid's access to normal banking infrastructure in 1936, the Ayuntamiento de Madrid — like dozens of other municipal and commercial bodies across the Republic — began issuing its own fractional emergency notes to fill the acute shortage of small change. The Banco de España had hoarded coin, and bronze and copper had effectively vanished from circulation within weeks of the July uprising.

These municipal emissions are catalogued inconsistently across references; the Gari Montaner listing for this specific issue remains incomplete, which itself reflects how chaotic and localized the production was. Many Madrid municipal notes of this period were printed in very small runs, often on whatever stock was available.

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