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2 Pesetas Boltaña

Issuer Consejo Municipal de Boltaña
Year 1937
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Value 2 Pesetas (2 ESP)
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Obverse description The obverse is printed in brown on plain paper, enclosed within a multi-line rectangular border. The coat of arms of the Spanish Republic is centered as the principal vignette, flanked by the denomination figure '2·00' and the issuing authority inscription. A note of restricted local validity appears along the lower portion of the note.
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Reverse description The reverse is printed in brown on plain paper, enclosed within a border composed of small square ornamental units. The field is filled with a dotted background pattern serving as a rudimentary underprint, with the denomination and issuing authority inscriptions arranged centrally in plain letterpress text.
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Boltaña is a small town in the Pyrenean foothills of Huesca province, and like hundreds of Spanish municipalities during the Civil War, its local council issued emergency fractional currency when Republican-zone coin shortages became acute in 1937. These consejo municipal notes were purely local instruments — technically valid only within the issuing municipality, though in practice they circulated wherever desperation allowed.

Provincial paper of this kind was printed under improvised conditions, often by local printers with no banknote experience. Survival rates are low not because of heavy circulation but because most were demonetized and discarded after the war, with no institutional interest in preserving them.