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| Issuer | Cooperativa del Pueblo de Morella |
|---|---|
| Year | 1937 |
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| Reference(s) | Gari Mon#976-H |
| Obverse description | Plain cream paper note printed in black letterpress throughout, with no pictorial vignette. The issuing entity name 'Cooperativa del Pueblo' appears underlined at upper right, followed by the promise-to-pay text and denomination 'Una peseta' in bold lettering. The place and date 'MORELLA, 2 Julio 1937' are centred below, with the designation 'EL ENCARGADO' and two manuscript signatures occupying the lower portion; the denomination numeral '1' and 'PESETA' appear at the left margin flanked by vertical rule lines. |
|---|---|
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| Reverse description | Plain unprinted cream paper reverse bearing only a hand-stamped black serial number at centre, with no other design elements, text, or ornamentation. |
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| Comments |
One of hundreds of emergency local issues that flooded Republican-held Spain during the Civil War, when the hoarding of metallic coin created a paralyzing shortage of small change. Municipal councils, cooperatives, and trade unions all stepped in as de facto issuers — with zero central authorization and wildly inconsistent results in terms of printing quality and redemption reliability.
Morella, a fortified hilltop town in Castellón, was under Republican control until April 1938, giving this cooperative issue a window of perhaps a year in active use before Nationalist forces took the town and rendered it worthless.