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25 Céntimos Alcoy

Issuer Industrias Metalúrgicas Alcoyanas Socializadas
Year 1937
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Currency Peseta (1936-1939)
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Reverse lettering 25 CTS. No se canjeará ningún Vale por su valor efectivo si el sello en seco no coincide con su matriz.
(Translation: 25 Centimos No Voucher will be redeemed for its cash value if the dry seal does not match its matrix.)
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Protection type Embossed dry seal
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Comments

Alcoy (Alcoi) was one of the most thoroughly collectivized towns in Republican Spain during the Civil War, with the CNT-FAI exerting near-total control over local industry by mid-1936. The Industrias Metalúrgicas Alcoyanas Socializadas was a collectivized amalgamation of the town's metalworking firms — this note was emergency local currency issued because the Republican government's coin supply had effectively collapsed under wartime hoarding and metal requisitioning.

The embossed dry seal was the collective's primary authentication device, a practical choice for an organization that controlled industrial presses but had no access to intaglio printing infrastructure.

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