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1 Peseta Ibars de Noguera

Issuer Ajuntament d'Ibars de Noguera (Municipality of Ibars de Noguera)
Year 1937
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Currency Peseta (1936-1939)
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Obverse lettering 1 pta. Ajuntament d'Ibars de Noguera El Dipositari d'aquest Ajuntament, satisfarà al portador la quantitat de UNA PESSETA en moneda corrent del Banc d'Espanya. Ibars de Noguera, 3 de Setembre de 1937. Alcalde. Dipositari. Finances.
(Translation: 1 Peseta City Council of Ibars de Noguera The Depositary of this City Council will satisfy the bearer the amount of ONE PESETA in current currency of the Bank of Spain. Ibars de Noguera, September 3, 1937. Mayor. Depositary. Finance.)
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Protection description Circular violet ink stamp of the Municipality of Ibars de Noguera applied to the reverse
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Ibars de Noguera is a small municipality in the Lleida province of Catalonia, and this 1 peseta note is one of hundreds of locally issued emergency fractional currencies — known collectively as paper moneda local — that flooded Republican-held Catalonia during 1936 and 1937. The collapse of metallic coinage circulation following the outbreak of the Civil War forced even the smallest ajuntaments to print their own fractional notes, since the Republic could not supply enough coin to meet basic daily exchange needs.

The sole security measure is an official municipal stamp — wholly defeating any sophisticated counterfeiting concern, though the practical economics of forging a note worth one peseta in a village of a few hundred people made that a moot point.

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