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| 正面铭文 | 登录 以查看详情 |
| 背面描述 | Typeset reverse printed in blue on a light green wavy guilloche underprint, with the serial number rendered in red. Geometric border ornaments frame the central denomination and circulation restriction text. The date of issue appears at the lower portion of the note. |
| 背面铭文 | De circulación local UNA Pta. Julio 1937 (Translation: Local circulation One Peseta July 1937) |
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| 防伪类型 | 登录 以查看详情 |
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Ayelo de Malferit is a small municipality in the comarca of El Comtat, Valencia. Like hundreds of similar towns across Republican-held Spain, it issued its own emergency fractional currency in 1937 after silver and copper coinage effectively vanished from circulation — hoarded, melted, or simply absorbed by the war economy. These local emissions, known collectively as moneda local de necesidad, were rarely officially sanctioned by Madrid and varied wildly in print quality and redemption reliability.
The Garrió catalog reference (Mon#206-C) suggests at least two other variants exist for this municipality's series, pointing to more than one print run or denomination.