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1 Peseta Villanueva de Alcardete

Issuer Ayuntamiento de Villanueva de Alcardete
Year 1937
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Value 1 Peseta (1 ESP)
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Obverse description Plain violet card stock printed entirely in black letterpress, with no pictorial vignette or decorative underprint. The issuer's name, "Ayuntamiento de Villanueva de Alcardete", appears at the top in bold serif type followed by a dotted rule; the denomination "UNA peseta" is set in large display type at centre. A handwritten serial number prefixed "Núm." appears at lower left, with the date "Mayo de 1937" at lower right.
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Reverse lettering El Alcalde, El Cajero,
(Translation: The Mayor, The Cashier,)
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Comments

Villanueva de Alcardete is a small municipality in Toledo province, and like hundreds of other Spanish towns during the Civil War, its ayuntamiento issued emergency fractional currency in 1937 to address a near-total collapse of small-change circulation. Republican-zone towns did this under varying degrees of formal authorization — some issued notes with Generalitat or government backing, others acted largely on their own initiative, stamping whatever cardstock was at hand with a municipal seal and hoping the local economy would accept it.

The official stamp is the primary anti-counterfeiting measure, which tells you everything about the circumstances of production. These municipally-issued pieces were inherently local instruments, often worthless beyond the issuing town's own market.

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