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1 Peseta Crevillente, Cooperativas Textil y Alpargatera

Issuer Cooperativas Textil y Alpargatera de Crevillente
Year 1937
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Size 77 × 50 mm
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Obverse lettering Cooperativas Textil y Alpargatera pagarán al portador UNA PESETA Crevillente 1 Julio 1937 1
(Translation: Textile and Espadrille Cooperatives will pay the bearer One Peseta Crevillente, July 1, 1937)
Reverse description Printed in dark blue, the reverse centres on a guilloche-style interlocking circular underprint with the numeral "1" displayed in two flanking roundels. The printer's imprint "LA GRAFICA. ELCHE" appears in the upper right field. Two oval red validation stamps of the Cooperativa Textil de Crevillente are applied diagonally across the face, and a black typeset serial number is positioned in the upper left.
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Comments

Crevillente's textile and espadrille cooperatives issued their own scrip during the Civil War because the Republic's central supply of small-denomination coinage had effectively collapsed by mid-1937, leaving local commerce paralyzed. This note is one of several denominations issued under the authority of these worker-run cooperatives — an arrangement that was simultaneously an emergency monetary measure and a reflection of the collectivized industrial structure that had taken hold in parts of the Valencian region under anarcho-syndicalist influence.

Printed by La Gráfica in nearby Elche, itself a center of espadrille manufacturing, the note circulated within a tight geographic and economic community where the issuing cooperatives were also the dominant employers.

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