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1 Peseta Almagro

Issuer Consejo Municipal de Almagro
Year 1937
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Currency Peseta (1936-1939)
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Obverse lettering Consejo Municipal de Almagro 15 de Junio de 1937. 1 PESETA
(Translation: Municipal Council of Almagro June 15, 1937. 1 Peseta)
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Reverse lettering PAPEL MONEDA Por acuerdo del Consejo Municipal, se pone en circulación al solo objeto de facilitar el cambio, siendo obligatoria su admisión dentro de la localidad y garantizándose con los fondos municipales. Almagro 15 de Junio de 1937.
(Translation: Paper Money By agreement of the Municipal Council, it is put into circulation for the sole purpose of facilitating change, its acceptance being mandatory within the locality and guaranteed by municipal funds. Almagro, June 15, 1937.)
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Almagro, a small Castilian town in the province of Ciudad Real, was one of hundreds of Republican municipalities forced to issue emergency paper scrip during the Civil War after the Republic's central government failed to keep low-denomination coinage in circulation. These locally-issued notes — collectively known as "billetes de necesidad" — were authorized under a series of decrees from 1936 onward, giving municipal councils legal cover to print what amounted to improvised small change.

The Gari Mon reference places this among the scarcer Almagro emissions. Provincial scrip from this region suffered high attrition: notes were redeemed, defaced, or simply discarded after the Nationalist advance through La Mancha in 1939.

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