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| 背面描述 | Printed entirely in green, the reverse is dominated by the large bold denomination "1 PTAS." centred in the upper portion of the field. A two-line anti-counterfeiting notice in smaller roman type occupies the lower centre, warning that no voucher will be redeemed unless the dry embossed seal matches its counterfoil matrix. The whole is enclosed within a repeated zigzag guilloche border frame. |
| 背面铭文 | 1 PTAS. No se canjeará ningún Vale por su valor efectivo si el sello en seco no coincide con su matriz. (Translation: 1 Peseta. No Voucher will be redeemed for its cash value if the dry seal does not match its matrix.) |
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During the Spanish Civil War, the near-total collapse of small change in Republican-held territory forced factories, municipalities, and collectives to print their own emergency currency. Industrias Metalúrgicas Alcoyanas Socializadas — the socialized metalworking collective of Alcoy — issued this note under the anarcho-syndicalist economic reorganization that had taken hold across much of the Valencian interior after July 1936. These were not bank notes in any conventional sense; they functioned as internal scrip, accepted within a specific productive unit or locality and worthless outside it.
The dry embossed seal was the collective's primary authentication method — cheap to apply, difficult to fake with local means. The absence of a Gari catalogue number suggests this piece remains inadequately documented in the specialist literature on Spanish Civil War local issues, which is itself an argument for careful provenance recording.