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1 Peseta Ráfales

Issuer Ráfales, Municipality of
Year 1937
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Value 1 Peseta (1 ESP)
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Obverse lettering ALCALDIA REPUBLICANA DE RAFALES Vale por Una peseta
(Translation: Republican Mayoralty of Rafales Voucher for One Peseta)
Reverse description The reverse is plain, bearing no printed design or lettering, consistent with the improvised production methods typical of Spanish Civil War municipal emergency issues from the Aragon region.
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Comments

Ráfales is a small Aragonese village — its 1937 population barely reached a few hundred — yet like dozens of similarly sized Republican municipalities during the Spanish Civil War, it issued its own emergency paper currency when the coin shortage became acute. The flight of metallic money from circulation after July 1936 was rapid and near-total, forcing local councils, cooperatives, and even individual businesses across the Republican zone to print their own scrip simply to make change.

The Gari Monseny catalogue reference remains unassigned, suggesting this piece was either unknown to the compilers or surfaced after the relevant edition closed.

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