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1 Peseta Fayón

Issuer Consejo Municipal de Fayón
Year 1937
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Shape Rectangular
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Reverse description Plain paper reverse printed in blue ink in an italic script typeface, carrying the authorising text of the issue in a single block occupying the left two-thirds of the note. To the upper right, the face value is enclosed within a ruled rectangular cartouche reading Valor 1'00 Ptes. Three manuscript signatures appear in the lower portion, each preceded by a printed role title.
Reverse lettering El Consejo Municipal de Fayón ha creado este Papel Moneda con el solo objeto de facilitar las transacciones dentro del Pueblo. Fayón a 15 de Julio de 1937. Valor 1'00 Ptes.
(Translation: The Municipal Council of Fayón has created this Paper Money with the sole purpose of facilitating transactions within the Town. Fayón, 15 July 1937. Value 1.00 Pesetas)
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Fayón is a small municipality on the Ebro in what was then the Aragonese rearguard of the Republican zone. Like dozens of Aragonese villages during 1936–37, its council issued local emergency paper when coin disappeared almost entirely from circulation — hoarded, melted, or simply gone. These municipal notes were never legal tender beyond the village boundary and were theoretically redeemable once normal currency returned, a promise most issuing bodies were in no position to keep.

Three signatories across three distinct council roles — president, supplies councillor, and depositary — reflects the administrative formalism these small municipalities maintained even under wartime conditions. Gari Mon 636-C is among the scarcer Fayón variants.

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