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1 Peseta Alfambra

Issuer Colectividad de Alfambra
Year 1937
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Value 1 Peseta (1 ESP)
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Obverse lettering 1 Colectividad de Alfambra Vale por una peseta Unión es fuerza oooooo Formad Colectividades Alfambra 1.º de Mayo de 1937
(Translation: Collectivity of Alfambra Voucher for One Peseta Union is strength - Create Collectivities Alfambra, May 1, 1937)
Reverse description Reverse entirely unprinted, showing plain cream-coloured paper with a vertical central fold line visible as a row of stitch or perforation marks running the full height of the note.
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Alfambra is a small municipality in the province of Teruel, Aragon — deep Republican territory during the Spanish Civil War and the site of one of the more brutal winter battles in early 1938. This note predates that campaign. Local collectives across Republican Spain issued their own paper scrip throughout 1936–37 as the central banking system fractured and coin disappeared from circulation, hoarded or melted. The Colectividad de Alfambra was almost certainly an agrarian collective operating under CNT or UGT influence, though the precise affiliation is not always documented for villages of this size.

These municipal and collective emissions are among the most ephemeral paper money Spain ever produced — printed in tiny quantities, valid only within a single community, and largely destroyed or lost when Nationalist forces took the region.

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