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1 Peseta Benifayó

Issuer Benifayó, Municipality of
Year 1936
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Composition Paper
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Obverse description Brown note with a decorative floral border framing the entire face. The central vignette presents the coat of arms of the Spanish Republic. Denomination and issuing municipality are indicated in the surrounding text.
Obverse lettering SEPTIEMBRE 1936 1 PESETA BENIFAYÓ
(Translation: September 1936 1 Peseta Benifayó)
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Comments

Benifayó is a small municipality in Valencia's Ribera Alta comarca, and like hundreds of Spanish towns it issued its own emergency paper money during the summer and autumn of 1936 as the Civil War severed normal banking functions and fractional coinage vanished almost overnight into hoarding. These local issues — known collectively as "moneda de necessitat" or emergency municipal currency — were authorized under varying degrees of official sanction, and many were printed by whatever local means were available.

The Turró catalogue remains the primary reference for Valencian municipal issues, and the PV prefix denotes the País Valencià regional classification. Cross-referencing with Gari confirms authenticity more reliably than either source alone.

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