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1 Peseta El Toro
| Issuer | Consejo de Economía Local de El Toro |
|---|---|
| Year | 1937 |
| Type | Log in to see details |
| Value | 1 Peseta (1 ESP) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Los que dieron todo por la Libertad HANS BEIMLER EL CONSEJO DE ECONOMÍA LOCAL PAGARÁ AL PORTADOR UNA PESETA EN MONEDA NACIONAL EL TORO 15 ENERO 1937 (Translation: Those who gave everything for Freedom Hans Beimler The Local Economy Council Will pay the bearer One Peseta in national currency El Toro, January 15, 1937) |
| Reverse description | Unprinted reverse on plain paper stock, with only a faint rectangular border rule visible, consistent with the austerity of wartime municipal emergency issues. |
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| Comments |
El Toro is a small municipality in Castellón province, Valencia. During the Civil War, the Republican zone experienced a near-total collapse of small-denomination coinage — silver and copper had been hoarded or melted — forcing hundreds of municipalities to print their own emergency paper currency. This note is one of those issues, authorized under the decentralized economic councils that proliferated across Republican-held territory in 1937.
Municipal issues from inland Castellón villages are among the scarcest in the entire Spanish Civil War local currency series. El Toro had a population of only a few hundred at the time, meaning total print runs were correspondingly tiny.