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1 Peseta Herencia

Issuer Consejo Municipal de Herencia
Year 1937
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Value 1 Peseta (1 ESP)
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Obverse lettering 1 PTA EL CONSEJO MUNICIPAL DE HERENCIA GARANTIZA AL PORTADOR LA CANTIDAD DE UNA PESETA Herencia 1 de Octubre de 1937
(Translation: 1 Peseta The Municipal Council of Herencia Guarantees the bearer the amount of One Peseta Herencia, October 1, 1937)
Reverse description Red note with a floral guilloche border framing the entire field. At left, an oval medallion contains a portrait of the Spanish writer Miguel de Cervantes; at centre, a vignette illustrates Don Quixote de la Mancha mounted on his horse Rocinante in combat with windmills, while his squire Sancho Panza observes the scene in the background.
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Comments

Herencia is a small Castilla-La Mancha municipality, and like hundreds of Spanish towns during the Civil War, its local council was forced to issue its own fractional paper money when Republican authorities failed to supply adequate coinage. The nationwide small-change crisis of 1937 spawned thousands of these emergency municipals — called "billetes locales" — each with its own authorization stamps and serial conventions, which is precisely what makes Gari Mon cataloging so essential here.

The B suffix in the Gari Mon reference indicates a distinct variety within the Herencia 1 Peseta type, likely differentiated by overprint, serial format, or stamp placement. These municipal emissions were produced under improvised conditions and quality control was nonexistent.

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