Belmonte's cardboard emergency coinage was issued during the Spanish Civil War, when the Republican government's inability to maintain adequate supplies of small change forced hundreds of municipalities to produce their own local scrip. Cuenca province saw particularly fragmented issuance, with individual towns printing obligations that were worthless beyond their own market squares. The 60mm format made these nearly impossible to mistake for anything official — which was partly the point.
Belmonte's cardboard emergency coinage was issued during the Spanish Civil War, when the Republican government's inability to maintain adequate supplies of small change forced hundreds of municipalities to produce their own local scrip. Cuenca province saw particularly fragmented issuance, with individual towns printing obligations that were worthless beyond their own market squares. The 60mm format made these nearly impossible to mistake for anything official — which was partly the point.