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| 正面描述 | Printed in red letterpress, the obverse is framed by geometric border designs and centred on the local crowned municipal coat of arms, around which the honorary title initials M. N. I. F. L. (Muy Noble Ilustre Fiel Leal) are arranged — titles conferred by Felipe V upon Monóvar in recognition of its loyalty during the War of the Spanish Succession against Archduke Charles of Austria. Surrounding text identifies the issuing Municipal Council and defines the note as paper money of exclusively local validity. |
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| 背面描述 | Printed in red letterpress, the reverse is enclosed within a triple-line rectangular border. The face value is set within a central circle, with the issuing authority and fractional voucher designation in surrounding text, and the place and date of issue — Monóvar, 1st August 1937 — completing the legend. |
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Monóvar is a small town in Alicante province, and like hundreds of Spanish municipalities during the Civil War, it issued its own emergency paper money when the Republican government's coin supply collapsed almost entirely in 1936–37. Hoarding, silver requisitions, and wartime disruption gutted small-denomination coinage from circulation. Local councils stepped in with cartones and billetes de necesidad — improvised scrip with no central authorization and wildly inconsistent print quality.
The Gari catalogue reference places this among the rarer Alicante provincial emissions. Municipal issues from this region were printed in small quantities and rarely survived the postwar decades intact.