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2 Pesetas Almadén

Issuer Consejo Municipal de Almadén
Year 1937
Type Emergency banknote
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Obverse description Printed on salmon-orange paper stock, the obverse is typeset in black letterpress throughout. The issuer name 'CONSEJO MUNICIPAL' appears at the top in bold capital letters, underlined by a double horizontal rule, with 'ALMADEN' centred below in spaced capitals within a second ruled band. The denomination 'Vale por 2'00 pesetas' is set in a larger typeface at centre, with the date 'Mayo, 1937' at lower left and a sequential serial number at lower right.
Obverse lettering CONSEJO MUNICIPAL ALMADEN Vale por 2'00 pesetas Mayo, 1937
(Translation: Municipal Council Almadén Voucher for 2.00 Pesetas May, 1937)
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Comments

Almadén's municipal council issued emergency fractional currency during the Spanish Civil War, as the collapse of the Republican monetary supply left small change almost entirely absent from circulation. These local notes — issued by ayuntamientos, casinos, trade unions, and cooperatives across Republican Spain — were technically illegal under central government regulations but tolerated out of necessity.

Almadén itself was strategically significant: its mercury mines, among the richest in the world, were a major Republican asset and a target of intense Nationalist pressure throughout the war. Whether that pressure disrupted the note's actual circulation life is unrecorded.

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