2 Pesetas Bullas

Bullas is a small wine-producing municipality in Murcia, and like hundreds of Spanish towns during the Civil War, it issued its own emergency paper money when Republican authorities — overwhelmed by the collapse of small-denomination coinage — authorized local bodies to fill the gap. These locally produced notes, collectively known as "moneda local de necesidad," were typically printed by whatever means was available and redeemable only within the issuing municipality.

The dry stamp was the primary anti-counterfeiting measure, applied by the town hall's own seal press — rudimentary, but sufficient given the hyper-local circulation intended. Gari Mon catalogues this series with known variants, so condition and stamp clarity matter to specialists.