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2.50 Pesetas Muniesa

Issuer Colectividad Libre de Muniesa
Year 1937
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Reference(s) Gari Mon#981-G
Obverse description Letterpress-printed note in black ink on plain paper, with a geometric chain-link border framing the entire face. The local coat of arms appears to the left, while the denomination and issuer text are arranged in a simple typeset layout across the centre and right portions of the note.
Obverse lettering Colectividad Libre de Muniesa Esta Colectividad reconoce a favor del portador la cantidad de Pesetas 2`50 Emisión 1937
(Translation: Free Collectivity of Muniesa This Collectivity recognizes in favor of the bearer the amount of Pesetas 2.50 Issue 1937)
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Comments

Muniesa is a small agricultural village in Teruel, Aragon — precisely the region where anarchist collectivization ran deepest during the Spanish Civil War. The Colectividad Libre de Muniesa was one of hundreds of libertarian collectives that issued their own local scrip in 1936–37 when the Republican monetary system fragmented and coin effectively vanished from rural circulation, hoarded or melted down. These notes functioned as wage tokens and internal exchange instruments within the collective economy, not as currency in any conventional banking sense.

The 2.50 peseta denomination is characteristic of the collectives' habit of issuing odd values to match agricultural piecework rates rather than decimal convenience. Most of this village scrip was never redeemed and survived only because it was worthless after the Nationalist takeover of Aragon in the summer of 1937.

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