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25 Céntimos Almagro

Issuer Consejo Municipal de Almagro
Year 1937
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Composition Paper
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Reverse lettering PAPEL MONEDA Por acuerdo del Consejo Municipal, se pone en circulación al solo objeto de facilitar el cambio, siendo obligatoria su admisión dentro de la localidad y garantizándose con los fondos municipales. Almagro 15 de Junio de 1937.
(Translation: Paper Money By agreement of the Municipal Council, it is put into circulation for the sole purpose of facilitating change, its acceptance being mandatory within the locality and guaranteed with municipal funds. Almagro June 15, 1937.)
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Protection description Circular violet municipal ink stamp applied to the reverse as an authentication control.
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Comments

Almagro's municipal council issued these small-denomination emergency notes during the Spanish Civil War, when the Republican zone suffered a near-total collapse of small change. Coin hoarding and metal requisitions for the war effort left daily commerce essentially paralysed, forcing hundreds of municipalities across Spain to print their own fractional paper. The Consejo Municipal de Almagro was one of several hundred local bodies that did so under broadly permissive Republican decree, though the notes had no formal banking guarantee behind them.

The designer credit "Mejía" almost certainly refers to a local printer or draughtsman rather than any professional printing house — the official stamp functioned as the primary authentication mechanism precisely because production facilities were improvised.

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