2 Pesetas Albelda

Albelda is a small municipality in the Ribagorza comarca of Huesca, Aragon. This 2 pesetas note was issued by its local council during the Spanish Civil War, when the Republican government authorized municipal and commercial entities throughout the loyalist zone to produce emergency fractional currency — vales and billetes locales — to address the catastrophic coin shortage that followed the hoarding and melting of metallic money after July 1936.

The Gari Montes reference places this within the broader documented corpus of Aragonese local issues, most of which survive in tiny quantities. Albelda's total population at the time was under a thousand.