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2 Pesetas Bétera

Issuer Consejo Municipal de Bétera
Year 1937
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Value 2 Pesetas (2 ESP)
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Obverse lettering 2 Ptas. Consejo Municipal de Bétera El Consejo Municipal pagará al portador DOS pesetas Emisión 1-8-1937
(Translation: 2 Pesetas Municipal Council of Bétera The Municipal Council will pay the bearer Two Pesetas Issue August 1, 1937)
Reverse description Plain paper reverse, otherwise blank, applied at centre with a circular violet rubber stamp of the Consejo Municipal de Bétera enclosing the municipal coat of arms and the legend CONSEJO MUNICIPAL BÉTERA (Valencia). A handwritten number appears in pencil in the upper right corner.
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Comments

Bétera is a small municipality north of Valencia, and like hundreds of Spanish towns during the Civil War, its local council issued emergency paper currency in 1937 when the Republican government's coin supply collapsed under wartime hoarding and metal requisitions. These Consejo Municipal issues were purely local instruments — legally dubious, practically necessary, and almost never accepted beyond the issuing town's market.

The Turró and Gari catalogues document enormous variation in paper quality and impression consistency across the Valencian municipal issues, and Bétera's notes are no exception. Survival rates are uneven; many were redeemed and pulped, others simply discarded when Franco's peseta made them worthless after 1939.

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