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0.50 Pesetas Madrid

Issuer Ayuntamiento de Madrid (Municipality of Madrid)
Year 1936
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Currency Peseta (1936-1939)
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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 un valor de pesetas 0,50, en géneros alimenticios o combustibles exclusivamente que adquirirá en cualquier establecimiento de los enclavados dentro del término municipal de Madrid. Madrid, 8 de agosto 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 Pesetas 0.50, in food or fuel products exclusively that will be purchased in any establishment located within the municipal term of Madrid. Madrid, August 8, 1936. The Mayor President, It is worth 0.50 Pesetas Expires two days from its date.)
Reverse description Reverse printed on light green-tinted paper, entirely blank with no design elements, lettering, or ornamentation of any kind.
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Comments

In the summer of 1936, the outbreak of the Civil War choked Spain's coin supply almost immediately — hoarding and melting saw silver and copper disappear from circulation within weeks. Municipal authorities across the Republic stepped in to fill the gap, and Madrid's Ayuntamiento was among the first to issue emergency fractional paper, producing small-denomination notes to keep daily commerce moving while the Banco de España scrambled to respond at the national level.

These Madrid municipals were printed locally under genuinely difficult conditions and were always intended as a stopgap. Survival rates vary considerably across the series, partly because many were redeemed quickly and partly because wartime Madrid was not a place where people kept careful records of paper ephemera.

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