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25 Céntimos Alcoy

Issuer Alcoy, Municipality of
Year 1937
Type Emergency banknote
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Obverse description Green note with a geometric border frame enclosing a central allegorical vignette in which a standing male figure between two classical columns is flanked by two workers, one holding a sickle symbolising agriculture and the other a hammer symbolising industry. The design is printed in green letterpress throughout, with the denomination and issuing authority inscribed in the surrounding text panels.
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Reverse lettering ESTE BILLETE ES CANJEABLE POR PAPEL MONEDA DE CURSO LEGAL 25 CÉNTIMOS Emisión hecha de acuerdo con las bases aprobadas por el Consejo Municipal en sesión de 12 de Julio de 1937
(Translation: This banknote is exchangeable for legal tender paper money 25 Centimos Issuance made in accordance with the bases approved by the Municipal Council in session of July 12, 1937)
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Comments

Alcoy — the Valencian industrial town known for its textile mills and a fierce anarchist tradition — became one of hundreds of Spanish municipalities forced to print emergency fractional notes after the Republic's coin supply collapsed in 1936. Metal had been hoarded, melted, or simply vanished from circulation as the Civil War disrupted the economy at every level. Local councils, workers' collectives, and even individual businesses stepped in to fill the gap with hastily produced paper.

The Gari Mon catalogue documents extraordinary variation within Alcoy's emissions alone — multiple types, subtypes, and paper stocks exist across denominations, making precise attribution genuinely difficult without physical comparison.

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