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1 Peseta El Provencio

Issuer El Provencio, Municipality of
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Value 1 Peseta (1 ESP)
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Obverse lettering Pagará al portador 1 PESETA EL PROVENCIO (Cuenca)
(Translation: Will pay the bearer 1 Peseta El Provencio (Cuenca))
Reverse description Plain unprinted reverse on coarse paper stock, showing only natural ageing and surface foxing consistent with wartime emergency issue materials. A handwritten collector notation appears in the upper left area.
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El Provencio is a small municipality in Cuenca province, Castilla-La Mancha, and like hundreds of Spanish towns it resorted to locally issued paper fractional currency during the Civil War after metallic coinage effectively vanished from circulation in 1936. These municipal emergency notes — collectively known as "billetes locales" or "papel moneda de necesidad" — were produced with whatever printing resources were at hand, which accounts for the extreme variation in quality across the series. The Gari Monteys catalogue remains the primary reference for this material, much of which survives only in single-digit quantities.

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