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2 Pesetas Higueruela

Issuer Higueruela, Municipality of
Year 1937
Type Emergency banknote
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Obverse description Red letterpress note centred on a vignette of a seated allegorical laureate female figure resting against the coat of arms of the Spanish Republic, a lion at her feet, with a second impression of the Republican coat of arms in the upper left corner. The field is filled with dotted geometric underprint patterns characteristic of small-format Civil War municipal issues. Inscriptions in black identify the issuing authority, denomination, and date of issue, with the printer's imprint at foot.
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Reverse description Unprinted plain reverse, consistent with the hastily produced small-denomination municipal emergency currency of the Spanish Civil War period, when the acute shortage of coinage in the Albacete region necessitated rapid local issue without elaborate design work on the back.
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Comments

Higueruela is a small agricultural municipality in the province of Albacete, and like hundreds of similar Spanish towns during the Civil War, it issued its own emergency fractional currency in 1937 when Republican-zone coinage effectively vanished from circulation — hoarded, melted, or simply absent. These local municipal notes, collectively known as "moneda local de necesidad," were authorised under wartime necessity rather than any coherent monetary policy, and the issuing authority was often the town council itself operating under improvised conditions.

Printed by Imp. Albuger in Albacete, the provincial capital, this 2 Pesetas note sits at the higher end of the typical fractional denominations produced by village-level issuers — most ran to 25, 50 céntimos, or 1 Peseta. The Gari catalogue reference remains unassigned, suggesting documentation on this specific piece is incomplete.

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